Trend-Following Backtester · Guide · backtest 한국어

equity · IN

Bandhan Bank Ltd. backtest

10 trend-following strategies were compared on the full daily history of Bandhan Bank Ltd.. 10 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 0.9%, MDD -23.4%).

Data 2018-03-27 ~ 2026-07-31daily bars 2,064 (8.3 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -11.4%, drawdown -82.1%).

Sharpe leader (same as main): MACD — CAGR 13.5%, MDD -44.0%, Sharpe 0.59, 48% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 24.9%p higher than buy and hold, while drawdown improves by 38.2%p (CAGR 0.9%, MDD -23.4%, exposure 8%).

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
MACD
fast=19, slow=46, signal=22
13.5%-44.0%0.590.312.9x6048%
Parabolic SAR
step=0.005, maxStep=0.24
4.0%-56.8%0.280.071.4x6247%
ROC 모멘텀
n=11, threshold=0.11
1.7%-27.2%0.190.061.2x9810%
Supertrend
period=28, mult=2.8
0.9%-69.3%0.180.011.1x6049%
볼린저 밴드 돌파
n=24, k=2.8
0.9%-23.4%0.140.041.1x148%
SMA 크로스오버
fast=17, slow=44
-2.5%-63.0%0.07-0.040.8x4645%
Keltner 채널 돌파
emaPeriod=39, atrPeriod=7, mult=2.3
-2.0%-41.5%-0.00-0.050.8x3222%
Donchian 채널 돌파
entryN=12, exitN=65
-7.8%-69.5%-0.04-0.110.5x3075%
ADX / DI 방향성
period=13, threshold=19
-3.9%-57.4%-0.06-0.070.7x11431%
EMA 크로스오버
fast=12, slow=25
-10.6%-80.0%-0.25-0.130.4x8644%
Buy and hold-11.4%-82.1%-0.03-0.140.4x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdMACD
MACD maximum drawdown -44.0% (2024-01-04 → 2025-03-17), prior peak not yet recovered.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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