Trend-Following Backtester · Guide · backtest 한국어

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Gujarat Energy Ltd backtest

10 trend-following strategies were compared on the full daily history of Gujarat Energy Ltd. 9 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 9.2%, MDD -15.6%).

Data 2015-09-15 ~ 2026-07-31daily bars 2,685 (10.9 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 7.1%, drawdown -65.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 12.2%, MDD -18.8%, Sharpe 0.86, 20% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 16.0%, MDD -32.6%, exposure 47%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 5.1%p higher than buy and hold, while drawdown improves by 47.1%p (CAGR 9.2%, MDD -15.6%, exposure 20%).

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=36, k=3.1
12.2%-18.8%0.860.653.5x2220%
Donchian 채널 돌파
entryN=111, exitN=78
16.0%-32.6%0.780.495.0x647%
Keltner 채널 돌파
emaPeriod=26, atrPeriod=8, mult=2.2
11.1%-28.8%0.770.393.2x3623%
ROC 모멘텀
n=148, threshold=0.05
15.5%-32.6%0.760.484.8x5248%
EMA 크로스오버
fast=21, slow=209
14.1%-36.7%0.690.384.2x1050%
ADX / DI 방향성
period=24, threshold=25
9.2%-15.6%0.670.592.6x2220%
SMA 크로스오버
fast=47, slow=168
13.0%-32.6%0.650.403.8x1452%
Supertrend
period=23, mult=4.8
10.3%-55.4%0.540.192.9x2454%
MACD
fast=11, slow=26, signal=16
8.3%-32.8%0.490.252.4x15350%
Parabolic SAR
step=0.015, maxStep=0.32
2.0%-69.1%0.200.031.2x17354%
Buy and hold7.1%-65.9%0.380.112.1x1100%
1x 2016 2018 2020 2022 2024 2026 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -16% -33% -49% -66% 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -18.8% (2017-11-03 → 2019-03-27), recovered after 572 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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