Trend-Following Backtester · Guide · backtest 한국어

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Kalyan Jewellers India Ltd. backtest

10 trend-following strategies were compared on the full daily history of Kalyan Jewellers India Ltd.. 2 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 50.2%, MDD -32.3%).

Data 2021-03-26 ~ 2026-07-31daily bars 1,324 (5.3 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 47.9%, drawdown -58.0%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 32.5%, MDD -18.9%, Sharpe 1.51, 19% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 51.4%, MDD -35.3%, exposure 52%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 15.4%p lower than buy and hold, while drawdown improves by 39.1%p (CAGR 50.2%, MDD -32.3%, exposure 50%).

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=54, k=3.3
32.5%-18.9%1.511.724.5x519%
EMA 크로스오버
fast=10, slow=97
51.4%-35.3%1.411.469.2x1152%
SMA 크로스오버
fast=1, slow=126
50.2%-32.3%1.401.558.8x2950%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=25, mult=3.7
37.3%-25.2%1.371.485.4x928%
ROC 모멘텀
n=107, threshold=0.12
47.4%-36.9%1.361.298.0x2346%
ADX / DI 방향성
period=18, threshold=29
29.2%-17.9%1.361.633.9x917%
Donchian 채널 돌파
entryN=92, exitN=43
45.5%-33.3%1.351.377.4x746%
Supertrend
period=23, mult=4.9
42.8%-41.5%1.261.036.7x1353%
MACD
fast=11, slow=32, signal=13
34.2%-36.9%1.050.924.8x7553%
Parabolic SAR
step=0.035, maxStep=0.22
29.2%-40.6%0.960.723.9x13752%
Buy and hold47.9%-58.0%1.100.838.1x1100%
1x 10x 2022 2023 2024 2025 2026 EMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -15% -29% -44% -58% 2022 2023 2024 2025 2026 Buy and holdEMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -18.9% (2023-08-31 → 2023-09-25), recovered after 36 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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