Trend-Following Backtester · Guide · backtest 한국어

equity · CO

Grupo Argos S.A. backtest

10 trend-following strategies were compared on the full daily history of Grupo Argos S.A.. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 2000-01-07 ~ 2026-07-31daily bars 6,892 (26.6 years)Costs 0.5%Venue BVCMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 4.3%, drawdown -93.6%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 1.8%, MDD -18.2%, Sharpe 0.37, 3% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 3.5%, MDD -95.3%, exposure 72%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
ADX / DI 방향성
period=26, threshold=35
1.8%-18.2%0.370.101.6x103%
Donchian 채널 돌파
entryN=22, exitN=51
3.5%-95.3%0.280.042.5x7972%
EMA 크로스오버
fast=33, slow=196
2.0%-95.6%0.270.021.7x4052%
SMA 크로스오버
fast=19, slow=236
1.8%-95.5%0.270.021.6x4755%
ROC 모멘텀
n=198, threshold=-0.03
0.3%-96.8%0.260.001.1x14659%
Keltner 채널 돌파
emaPeriod=94, atrPeriod=14, mult=2.8
-8.3%-99.7%0.17-0.080.1x7838%
MACD
fast=10, slow=47, signal=18
-8.9%-95.9%0.16-0.090.1x37252%
볼린저 밴드 돌파
n=51, k=3.3
-7.4%-99.0%0.16-0.070.1x3813%
Supertrend
period=29, mult=2.9
-18.9%-99.8%-0.13-0.190.0x23658%
Parabolic SAR
step=0.015, maxStep=0.22
-20.4%-99.9%-0.18-0.200.0x39254%
Buy and hold4.3%-93.6%0.290.053.1x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -24% -48% -71% -95% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -18.2% (2002-01-31 → 2002-02-22), recovered after 1,009 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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