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Trend-Following Backtester · Guide · backtest 한국어

equity · IN

Fertilizers & Chemicals Travancore Ltd. backtest

10 trend-following strategies were compared on the full daily history of Fertilizers & Chemicals Travancore Ltd.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 10.0%, MDD -49.2%).

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 12.8%, drawdown -75.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.0%, MDD -49.2%, Sharpe 0.47, 13% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.8%p lower than buy and hold, while drawdown improves by 25.8%p (CAGR 10.0%, MDD -49.2%, exposure 13%).

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
Donchian 채널 돌파
entryN=127, exitN=18
10.0%-49.2%0.470.209.9x3013%
MACD
fast=17, slow=50, signal=19
5.9%-87.0%0.340.074.0x25649%
EMA 크로스오버
fast=76, slow=144
5.8%-85.3%0.340.073.9x3451%
SMA 크로스오버
fast=27, slow=55
5.0%-85.0%0.330.063.2x13251%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=13, mult=3.8
2.4%-70.9%0.220.031.8x4015%
Parabolic SAR
step=0.005, maxStep=0.18
-0.3%-96.1%0.21-0.000.9x17851%
Supertrend
period=11, mult=3.5
-1.6%-94.0%0.19-0.020.7x10858%
ADX / DI 방향성
period=25, threshold=19
-0.5%-80.1%0.18-0.010.9x12241%
볼린저 밴드 돌파
n=16, k=2.7
-1.2%-89.8%0.12-0.010.7x17419%
ROC 모멘텀
n=107, threshold=0.13
-3.8%-88.7%0.07-0.040.4x24631%
Buy and hold12.8%-75.0%0.490.1718.1x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -75% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -49.2% (2017-05-02 → 2021-01-01), recovered after 1,403 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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 IN assetsAll asset reports

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