Trend-Following Backtester · Guide · backtest 한국어

equity · IN

CESC Ltd backtest

10 trend-following strategies were compared on the full daily history of CESC Ltd. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

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

0 of 10 beat buy and hold (CAGR 20.1%, drawdown -92.8%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 7.5%, MDD -51.6%, Sharpe 0.43, 26% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 18.2%, MDD -93.0%, exposure 51%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
ADX / DI 방향성
period=31, threshold=16
7.5%-51.6%0.430.155.8x11226%
Donchian 채널 돌파
entryN=61, exitN=57
0.5%-96.4%0.330.011.1x4456%
EMA 크로스오버
fast=70, slow=145
17.9%-92.5%0.290.1953.0x2561%
ROC 모멘텀
n=153, threshold=0.06
18.2%-93.0%0.290.2055.6x15051%
SMA 크로스오버
fast=33, slow=144
17.3%-93.7%0.290.1847.0x5159%
MACD
fast=19, slow=55, signal=23
14.2%-91.9%0.270.1524.4x20651%
볼린저 밴드 돌파
n=44, k=0.8
12.7%-93.7%0.260.1417.8x18648%
Supertrend
period=11, mult=2.3
11.6%-92.4%0.260.1314.0x19649%
Keltner 채널 돌파
emaPeriod=47, atrPeriod=28, mult=0.8
10.2%-94.9%0.250.1110.4x21247%
Parabolic SAR
step=0.01, maxStep=0.34
6.6%-95.8%0.240.074.7x31850%
Buy and hold20.1%-92.8%0.310.2282.4x1100%
1x 10x 100x 2003 2006 2009 2012 2015 2018 2021 2024 ROC 모멘텀ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -23% -46% -70% -93% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdROC 모멘텀ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -51.6% (2014-07-07 → 2021-05-28), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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

Read next