Trend-Following Backtester · Guide · backtest 한국어

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ICICI Bank Limited backtest

10 trend-following strategies were compared on the full daily history of ICICI Bank Limited. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 14.7%, MDD -38.7%).

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 18.3%, drawdown -81.7%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 16.4%, MDD -68.0%, Sharpe 0.67, 85% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.8%p lower than buy and hold, while drawdown improves by 13.7%p (CAGR 14.7%, MDD -38.7%, exposure 66%).

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
ROC 모멘텀
n=94, threshold=-0.12
16.4%-68.0%0.670.2438.9x10385%
SMA 크로스오버
fast=12, slow=135
14.9%-46.3%0.660.3228.4x6166%
Donchian 채널 돌파
entryN=74, exitN=75
14.7%-38.7%0.660.3827.2x3166%
EMA 크로스오버
fast=53, slow=213
14.4%-48.3%0.630.3025.5x1974%
볼린저 밴드 돌파
n=81, k=0.7
11.8%-36.2%0.590.3314.7x11957%
Keltner 채널 돌파
emaPeriod=77, atrPeriod=22, mult=1.2
10.3%-48.4%0.530.2110.6x14156%
Supertrend
period=5, mult=4.7
9.1%-71.3%0.460.138.1x7565%
ADX / DI 방향성
period=39, threshold=7
5.5%-58.0%0.340.103.6x30757%
MACD
fast=15, slow=52, signal=16
4.0%-60.4%0.280.072.6x28349%
Parabolic SAR
step=0.005, maxStep=0.3
-0.9%-72.9%0.09-0.010.8x23357%
Buy and hold18.3%-81.7%0.640.2256.9x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -82% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -68.0% (2015-01-28 → 2016-06-24), recovered after 2,196 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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