Trend-Following Backtester · Guide · backtest 한국어

equity · IN

Coal India Ltd. backtest

10 trend-following strategies were compared on the full daily history of Coal India Ltd.. 6 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 1.4%, MDD -9.8%).

Data 2010-11-04 ~ 2026-07-31daily bars 3,884 (15.7 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 1.2%, drawdown -75.1%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 5.4%, MDD -16.6%, Sharpe 0.55, 9% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.2%p higher than buy and hold, while drawdown improves by 58.5%p (CAGR 1.4%, MDD -9.8%, exposure 1%).

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=26, k=3.3
5.4%-16.6%0.550.322.3x169%
Keltner 채널 돌파
emaPeriod=24, atrPeriod=16, mult=3.5
3.3%-29.7%0.400.111.7x167%
ADX / DI 방향성
period=34, threshold=37
1.4%-9.8%0.370.151.2x21%
EMA 크로스오버
fast=56, slow=227
3.8%-48.2%0.290.081.8x1543%
Donchian 채널 돌파
entryN=28, exitN=94
4.0%-58.5%0.290.071.9x2472%
SMA 크로스오버
fast=46, slow=154
2.6%-54.7%0.230.051.5x2749%
ROC 모멘텀
n=137, threshold=0.09
-0.1%-49.4%0.08-0.001.0x11431%
Supertrend
period=15, mult=5
-0.7%-68.5%0.08-0.010.9x4052%
MACD
fast=19, slow=34, signal=19
-6.9%-71.1%-0.24-0.100.3x19649%
Parabolic SAR
step=0.02, maxStep=0.38
-11.6%-88.0%-0.49-0.130.1x33848%
Buy and hold1.2%-75.1%0.190.021.2x1100%
1x 2011 2013 2015 2017 2019 2021 2023 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -56% -75% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -16.6% (2021-06-11 → 2022-03-15), recovered after 819 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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