Trend-Following Backtester · Guide · backtest 한국어

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HEG Limited backtest

10 trend-following strategies were compared on the full daily history of HEG Limited. 5 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 16.7%, MDD -42.0%).

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

5 of 10 beat buy and hold (CAGR 20.6%, drawdown -91.2%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 16.7%, MDD -42.0%, Sharpe 0.72, 22% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 33.1%, MDD -82.3%, exposure 55%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 3.9%p lower than buy and hold, while drawdown improves by 49.1%p (CAGR 16.7%, MDD -42.0%, exposure 22%).

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=27, threshold=24
16.7%-42.0%0.720.4041.4x6822%
ROC 모멘텀
n=91, threshold=0.06
18.2%-88.5%0.680.2156.0x18747%
볼린저 밴드 돌파
n=18, k=1.1
17.4%-86.4%0.670.2047.5x33340%
MACD
fast=7, slow=72, signal=16
14.7%-87.1%0.600.1727.4x33349%
Keltner 채널 돌파
emaPeriod=25, atrPeriod=29, mult=1.5
13.4%-88.6%0.590.1520.5x16933%
SMA 크로스오버
fast=5, slow=221
33.1%-82.3%0.540.40972.3x4755%
Donchian 채널 돌파
entryN=16, exitN=65
31.2%-85.6%0.530.37696.3x5576%
EMA 크로스오버
fast=8, slow=201
31.6%-82.6%0.520.38751.4x4155%
Supertrend
period=10, mult=4.5
27.0%-83.9%0.480.32318.8x6557%
Parabolic SAR
step=0.01, maxStep=0.34
26.5%-83.0%0.480.32285.8x27749%
Buy and hold20.6%-91.2%0.460.2391.7x1100%
1x 10x 100x 1,000x 2003 2006 2009 2012 2015 2018 2021 2024 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -23% -46% -68% -91% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -42.0% (2024-05-22 → 2026-01-23), 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

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