Trend-Following Backtester · Guide · backtest 한국어

equity · IN

Bank of India backtest

10 trend-following strategies were compared on the full daily history of Bank of India. 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 12.4%, MDD -56.9%).

Data 2002-07-01 ~ 2026-07-31daily bars 5,981 (24.1 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 5.8%, drawdown -94.6%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 12.4%, MDD -56.9%, Sharpe 0.64, 23% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 6.6%p higher than buy and hold, while drawdown improves by 37.7%p (CAGR 12.4%, MDD -56.9%, exposure 23%).

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=12, k=2.1
12.4%-56.9%0.640.2216.9x22423%
MACD
fast=15, slow=27, signal=15
12.3%-71.7%0.520.1716.2x30651%
SMA 크로스오버
fast=53, slow=193
8.9%-60.5%0.420.157.9x3054%
EMA 크로스오버
fast=52, slow=187
8.0%-69.6%0.390.116.3x2953%
Supertrend
period=18, mult=1.2
7.7%-72.0%0.390.116.0x50048%
Donchian 채널 돌파
entryN=61, exitN=77
6.8%-78.7%0.360.094.9x3357%
Parabolic SAR
step=0.01, maxStep=0.1
5.9%-69.8%0.340.084.0x30549%
ROC 모멘텀
n=87, threshold=-0.04
4.9%-72.2%0.310.073.2x25859%
ADX / DI 방향성
period=9, threshold=37
3.2%-47.3%0.260.072.1x16014%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=33, mult=2.2
2.6%-59.9%0.230.041.8x10633%
Buy and hold5.8%-94.6%0.350.063.9x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -56.9% (2005-08-01 → 2008-09-16), recovered after 1,891 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 setupAll asset reports

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