Trend-Following Backtester · Guide · backtest 한국어

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HFCL Limited backtest

10 trend-following strategies were compared on the full daily history of HFCL Limited. 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 10.2%, MDD -45.9%).

Data 2002-08-12 ~ 2026-07-31daily bars 5,950 (24.0 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 5.9%, drawdown -89.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 15.8%, MDD -70.4%, Sharpe 0.57, 32% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 9.8%p higher than buy and hold, while drawdown improves by 18.9%p (CAGR 10.2%, MDD -45.9%, exposure 9%).

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=8, k=1.3
15.8%-70.4%0.570.2233.4x61432%
ADX / DI 방향성
period=16, threshold=37
10.2%-45.9%0.540.2210.4x509%
Keltner 채널 돌파
emaPeriod=18, atrPeriod=25, mult=4
9.5%-62.1%0.530.158.9x387%
MACD
fast=7, slow=56, signal=9
14.1%-85.5%0.520.1623.4x46647%
SMA 크로스오버
fast=35, slow=148
10.7%-85.4%0.450.1211.3x5143%
Supertrend
period=5, mult=3.3
10.6%-84.6%0.450.1211.1x12854%
ROC 모멘텀
n=195, threshold=0.09
9.4%-85.2%0.420.118.6x14136%
EMA 크로스오버
fast=10, slow=27
7.2%-71.4%0.370.105.3x20444%
Parabolic SAR
step=0.04, maxStep=0.26
6.3%-79.3%0.350.084.3x72445%
Donchian 채널 돌파
entryN=14, exitN=69
2.9%-91.3%0.310.032.0x7175%
Buy and hold5.9%-89.3%0.390.074.0x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -89% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -70.4% (2017-09-18 → 2020-04-28), recovered after 1,372 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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