Trend-Following Backtester · Guide · backtest 한국어

equity · EG

El Sewedy Electric Company backtest

10 trend-following strategies were compared on the full daily history of El Sewedy Electric Company. 6 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 25.8%, MDD -41.0%).

Data 2006-05-31 ~ 2026-07-30daily bars 5,020 (20.2 years)Costs 0.5%Venue EGXMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 20.6%, drawdown -79.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 25.8%, MDD -41.0%, Sharpe 1.03, 41% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 27.7%, MDD -53.7%, exposure 58%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 5.2%p higher than buy and hold, while drawdown improves by 38.7%p (CAGR 25.8%, MDD -41.0%, exposure 41%).

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
Donchian 채널 돌파
entryN=100, exitN=44
25.8%-41.0%1.030.63101.9x2141%
SMA 크로스오버
fast=32, slow=116
27.7%-53.7%0.970.52138.0x3958%
ROC 모멘텀
n=114, threshold=0.03
24.6%-52.1%0.910.4783.8x13754%
EMA 크로스오버
fast=20, slow=123
25.0%-62.0%0.900.4090.0x3559%
Parabolic SAR
step=0.04, maxStep=0.12
22.1%-50.3%0.860.4455.7x46552%
Supertrend
period=10, mult=4.7
21.6%-57.5%0.810.3851.8x5960%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=8, mult=2.9
17.0%-51.6%0.790.3323.9x5535%
볼린저 밴드 돌파
n=51, k=2.3
14.7%-52.1%0.720.2815.9x6532%
ADX / DI 방향성
period=27, threshold=33
10.7%-28.1%0.710.387.7x1817%
MACD
fast=10, slow=20, signal=5
11.8%-65.9%0.550.189.6x49548%
Buy and hold20.6%-79.6%0.670.2643.5x1100%
1x 10x 100x 2007 2010 2013 2016 2019 2022 2025 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -20% -40% -60% -80% 2007 2010 2013 2016 2019 2022 2025 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -41.0% (2008-01-14 → 2013-07-28), recovered after 2,233 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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