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Trend-Following Backtester · Guide · backtest 한국어

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PT Japfa Comfeed Indonesia Tbk Class A backtest

10 trend-following strategies were compared on the full daily history of PT Japfa Comfeed Indonesia Tbk Class A. 7 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 17.8%, MDD -48.0%).

Data 2001-01-31 ~ 2026-07-31daily bars 6,335 (25.5 years)Costs 0.5%Venue IDXMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 12.1%, drawdown -90.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 17.8%, MDD -48.0%, Sharpe 0.66, 29% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.6%p higher than buy and hold, while drawdown improves by 42.9%p (CAGR 17.8%, MDD -48.0%, exposure 29%).

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
볼린저 밴드 돌파
n=54, k=2.8
17.8%-48.0%0.660.3764.5x6029%
Donchian 채널 돌파
entryN=44, exitN=76
16.9%-85.6%0.590.2053.8x4272%
SMA 크로스오버
fast=46, slow=177
17.1%-57.4%0.590.3055.9x3653%
MACD
fast=22, slow=41, signal=42
17.2%-89.4%0.580.1956.7x17352%
EMA 크로스오버
fast=53, slow=114
16.3%-52.6%0.580.3147.0x4252%
ADX / DI 방향성
period=11, threshold=39
12.1%-52.5%0.560.2318.2x12416%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=29, mult=4
13.8%-58.9%0.550.2327.0x6428%
ROC 모멘텀
n=173, threshold=0
14.7%-63.3%0.540.2333.2x12853%
Parabolic SAR
step=0.02, maxStep=0.38
11.8%-84.2%0.470.1417.2x39152%
Supertrend
period=11, mult=3.5
8.7%-87.3%0.400.108.3x16259%
Buy and hold12.1%-90.9%0.510.1318.6x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -45% -68% -91% 2002 2006 2010 2014 2018 2022 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -48.0% (2018-08-24 → 2020-11-20), recovered after 2,622 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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 ID assetsAll asset reports

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