Trend-Following Backtester · Guide · backtest 한국어

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United Spirits Limited backtest

10 trend-following strategies were compared on the full daily history of United Spirits Limited. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

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 22.8%, drawdown -81.4%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 9.0%, MDD -56.1%, Sharpe 0.54, 21% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 21.5%, MDD -81.4%, exposure 58%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=22
9.0%-56.1%0.540.168.0x8021%
EMA 크로스오버
fast=10, slow=94
21.5%-81.4%0.430.26109.3x9758%
SMA 크로스오버
fast=11, slow=174
21.3%-81.4%0.430.26104.7x6360%
Donchian 채널 돌파
entryN=69, exitN=68
20.9%-81.4%0.420.2696.7x3557%
ROC 모멘텀
n=129, threshold=0.08
21.0%-81.4%0.420.2698.3x17548%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=22, mult=3.5
4.8%-84.6%0.380.063.1x6128%
Supertrend
period=9, mult=4.2
13.8%-80.5%0.350.1722.5x8556%
Parabolic SAR
step=0.005, maxStep=0.12
13.0%-82.0%0.340.1619.0x20553%
볼린저 밴드 돌파
n=46, k=1.1
12.2%-84.5%0.330.1416.0x17946%
MACD
fast=21, slow=46, signal=8
11.4%-82.2%0.330.1413.4x31551%
Buy and hold22.8%-81.4%0.460.28141.8x1100%
1x 10x 100x 2003 2006 2009 2012 2015 2018 2021 2024 EMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -20% -41% -61% -81% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdEMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -56.1% (2007-09-18 → 2017-11-15), prior peak not yet recovered.

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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