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Trend-Following Backtester · Guide · backtest 한국어

equity · EG

Misr Fertilizers Production Company MOPCO backtest

10 trend-following strategies were compared on the full daily history of Misr Fertilizers Production Company MOPCO. 10 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 23.1%, MDD -42.0%).

Data 2016-09-07 ~ 2026-07-30daily bars 2,430 (9.9 years)Costs 0.5%Venue EGXMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -0.9%, drawdown -96.3%).

Sharpe leader (same as main): Supertrend — CAGR 33.6%, MDD -63.8%, Sharpe 1.03, 61% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 34.4%p higher than buy and hold, while drawdown improves by 32.5%p (CAGR 23.1%, MDD -42.0%, exposure 43%).

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
Supertrend
period=21, mult=5
33.6%-63.8%1.030.5317.5x2461%
Donchian 채널 돌파
entryN=66, exitN=20
25.1%-42.1%0.880.609.2x2634%
볼린저 밴드 돌파
n=31, k=1.1
24.9%-52.9%0.880.479.0x7838%
SMA 크로스오버
fast=31, slow=61
26.0%-46.2%0.840.569.8x3653%
ROC 모멘텀
n=50, threshold=-0.02
25.2%-50.8%0.810.509.3x12258%
ADX / DI 방향성
period=18, threshold=18
23.1%-42.0%0.810.557.8x9043%
Keltner 채널 돌파
emaPeriod=34, atrPeriod=8, mult=1.1
19.0%-55.5%0.720.345.6x8439%
EMA 크로스오버
fast=39, slow=55
11.6%-92.8%0.660.123.0x1656%
MACD
fast=15, slow=43, signal=12
14.3%-77.3%0.550.183.7x10552%
Parabolic SAR
step=0.025, maxStep=0.24
1.0%-96.0%0.440.011.1x19249%
Buy and hold-0.9%-96.3%0.41-0.010.9x1100%
1x 10x 2017 2019 2021 2023 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -72% -96% 2017 2019 2021 2023 2025 Buy and holdSupertrend
Supertrend maximum drawdown -63.8% (2017-10-08 → 2020-05-18), recovered after 1,466 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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 setupMore EG assetsAll asset reports

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