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Trend-Following Backtester · Guide · backtest 한국어

equity · IN

GlaxoSmithKline Pharmaceuticals Limited backtest

10 trend-following strategies were compared on the full daily history of GlaxoSmithKline Pharmaceuticals Limited. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 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 11.7%, drawdown -49.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.1%, MDD -49.9%, Sharpe 0.42, 73% exposure.

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
Donchian 채널 돌파
entryN=12, exitN=53
9.1%-49.9%0.420.188.2x7573%
Supertrend
period=24, mult=2.8
8.5%-54.9%0.410.167.2x11352%
Keltner 채널 돌파
emaPeriod=108, atrPeriod=11, mult=0.5
8.5%-49.9%0.410.177.1x13152%
볼린저 밴드 돌파
n=56, k=2.4
7.9%-49.9%0.390.166.2x7433%
SMA 크로스오버
fast=16, slow=39
8.0%-50.0%0.390.166.4x14954%
ADX / DI 방향성
period=38, threshold=14
7.8%-53.9%0.390.146.1x10742%
EMA 크로스오버
fast=55, slow=72
7.0%-49.9%0.360.145.1x5356%
Parabolic SAR
step=0.005, maxStep=0.18
4.3%-56.0%0.280.082.8x18951%
ROC 모멘텀
n=43, threshold=0.03
4.2%-49.9%0.270.082.7x30342%
MACD
fast=20, slow=68, signal=14
4.2%-63.2%0.270.072.7x25951%
Buy and hold11.7%-49.9%0.480.2414.5x1100%
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% -12% -25% -37% -50% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -49.9% (2004-10-13 → 2004-10-14), recovered after 471 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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