Trend-Following Backtester · Guide · backtest 한국어

equity · KW

National Bank of Kuwait K.S.C. backtest

10 trend-following strategies were compared on the full daily history of National Bank of Kuwait K.S.C.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2000-01-03 ~ 2026-07-30daily bars 6,378 (26.6 years)Costs 0.5%Venue KSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 5.8%, drawdown -100.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR -19.8%, MDD -100.0%, Sharpe 0.30, 88% exposure.

CAGR reference leader: ADX / DI 방향성 — CAGR 0.9%, MDD -29.3%, exposure 22%.

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
Donchian 채널 돌파
entryN=25, exitN=187
-19.8%-100.0%0.30-0.200.0x3388%
SMA 크로스오버
fast=53, slow=148
-19.9%-99.9%0.25-0.200.0x5460%
ROC 모멘텀
n=137, threshold=-0.11
-23.9%-100.0%0.22-0.240.0x15884%
Supertrend
period=3, mult=4.8
-25.3%-100.0%0.18-0.250.0x16553%
EMA 크로스오버
fast=55, slow=142
-24.6%-100.0%0.14-0.250.0x3862%
ADX / DI 방향성
period=27, threshold=22
0.9%-29.3%0.140.031.3x10022%
MACD
fast=18, slow=23, signal=15
-34.8%-100.0%-0.08-0.350.0x35949%
Parabolic SAR
step=0.02, maxStep=0.16
-21.7%-99.9%-0.23-0.220.0x36552%
볼린저 밴드 돌파
n=24, k=3.5
-11.9%-98.5%-0.40-0.120.0x355%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=15, mult=3
-43.6%-100.0%-0.60-0.440.0x12636%
Buy and hold5.8%-100.0%0.200.064.5x1100%
0.01 0.1 1x 2001 2005 2009 2013 2017 2021 2025 ADX / DI 방향성Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ADX / DI 방향성 (CAGR reference), Buy and hold.
0% -25% -50% -75% -100% 2001 2005 2009 2013 2017 2021 2025 Buy and holdADX / DI 방향성Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -100.0% (2011-01-09 → 2017-12-11), prior peak not yet recovered.

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

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