Trend-Following Backtester · Guide · backtest 한국어

equity · IN

Reliance Power Limited backtest

10 trend-following strategies were compared on the full daily history of Reliance Power Limited. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 16.5%, MDD -26.5%).

Data 2008-02-11 ~ 2026-07-31daily bars 4,555 (18.5 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -11.8%, drawdown -99.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 16.5%, MDD -26.5%, Sharpe 0.96, 6% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 23.2%, MDD -48.2%, exposure 15%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 28.3%p higher than buy and hold, while drawdown improves by 73.1%p (CAGR 16.5%, MDD -26.5%, exposure 6%).

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
Donchian 채널 돌파
entryN=50, exitN=1
16.5%-26.5%0.960.6216.8x926%
Keltner 채널 돌파
emaPeriod=11, atrPeriod=17, mult=1.5
22.5%-36.5%0.930.6242.4x12416%
ROC 모멘텀
n=4, threshold=0.06
23.2%-48.2%0.920.4846.9x45015%
볼린저 밴드 돌파
n=11, k=1.6
19.8%-60.9%0.750.3328.1x29030%
MACD
fast=6, slow=25, signal=10
22.8%-71.3%0.740.3244.1x36050%
Supertrend
period=20, mult=2.3
19.3%-71.6%0.700.2725.8x16441%
ADX / DI 방향성
period=4, threshold=48
16.5%-45.7%0.700.3616.8x31420%
Parabolic SAR
step=0.015, maxStep=0.38
17.9%-61.7%0.650.2920.9x30245%
SMA 크로스오버
fast=19, slow=167
3.7%-84.4%0.280.042.0x3842%
EMA 크로스오버
fast=7, slow=145
3.4%-85.1%0.270.041.8x8040%
Buy and hold-11.8%-99.6%0.03-0.120.1x1100%
0.01 0.1 1x 10x 2009 2012 2015 2018 2021 2024 ROC 모멘텀Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -25% -50% -75% -100% 2009 2012 2015 2018 2021 2024 Buy and holdROC 모멘텀Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -26.5% (2016-01-01 → 2017-04-10), recovered after 731 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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

Read next