Trend-Following Backtester · Guide · backtest 한국어

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LMW Limited backtest

10 trend-following strategies were compared on the full daily history of LMW Limited. 3 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 35.1%, MDD -38.6%).

Data 2002-07-01 ~ 2026-07-31daily bars 5,982 (24.1 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 36.2%, drawdown -89.2%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 10.8%, MDD -40.5%, Sharpe 0.75, 24% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 40.1%, MDD -57.2%, exposure 60%.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 25.5%p lower than buy and hold, while drawdown improves by 48.7%p (CAGR 35.1%, MDD -38.6%, 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
ADX / DI 방향성
period=25, threshold=29
10.8%-40.5%0.750.2711.7x6424%
볼린저 밴드 돌파
n=56, k=2.9
13.7%-59.4%0.740.2321.9x5833%
Supertrend
period=18, mult=2.1
15.6%-58.9%0.700.2632.6x23251%
Keltner 채널 돌파
emaPeriod=16, atrPeriod=29, mult=1.9
10.0%-44.4%0.610.239.9x16026%
MACD
fast=5, slow=40, signal=6
9.7%-64.6%0.490.159.3x65548%
Parabolic SAR
step=0.025, maxStep=0.16
7.5%-73.6%0.410.105.7x56151%
Donchian 채널 돌파
entryN=36, exitN=41
40.1%-57.2%0.350.703386.1x5160%
EMA 크로스오버
fast=17, slow=114
40.0%-42.9%0.350.933281.8x6362%
SMA 크로스오버
fast=35, slow=112
37.5%-47.6%0.340.792139.1x5560%
ROC 모멘텀
n=81, threshold=0.05
35.1%-38.6%0.330.911401.8x20550%
Buy and hold36.2%-89.2%0.340.411709.9x1100%
1x 10x 100x 1,000x 2003 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -22% -45% -67% -89% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -40.5% (2006-05-10 → 2007-03-01), recovered after 3,765 days.

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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