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Trend-Following Backtester · Guide · backtest 한국어

equity · QA

Qatar Fuel-Woqod QSC backtest

10 trend-following strategies were compared on the full daily history of Qatar Fuel-Woqod QSC. 3 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester.

Data 2010-02-22 ~ 2026-07-30daily bars 4,119 (16.4 years)Costs 0.5%Venue QSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 5.6%, drawdown -92.0%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 4.0%, MDD -48.4%, Sharpe 0.36, 51% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 9.0%, MDD -91.8%, exposure 49%.

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
SMA 크로스오버
fast=27, slow=216
4.0%-48.4%0.360.081.9x3051%
Donchian 채널 돌파
entryN=73, exitN=57
9.0%-91.8%0.340.104.1x2649%
EMA 크로스오버
fast=56, slow=92
7.7%-91.8%0.340.083.4x2652%
ROC 모멘텀
n=140, threshold=0.13
6.0%-91.8%0.340.072.6x5629%
Parabolic SAR
step=0.005, maxStep=0.06
4.8%-92.0%0.330.052.2x9952%
MACD
fast=23, slow=52, signal=27
4.0%-91.8%0.330.041.9x12149%
Keltner 채널 돌파
emaPeriod=73, atrPeriod=29, mult=2.8
-8.4%-99.3%0.23-0.080.2x3633%
Supertrend
period=25, mult=4.4
-9.1%-99.3%0.23-0.090.2x5047%
볼린저 밴드 돌파
n=45, k=1.7
-9.3%-99.3%0.23-0.090.2x7233%
ADX / DI 방향성
period=36, threshold=38
0.3%-91.5%0.230.001.1x62%
Buy and hold5.6%-92.0%0.340.062.4x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파SMA 크로스오버Buy and hold
SMA 크로스오버 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -23% -46% -69% -92% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파SMA 크로스오버
SMA 크로스오버 maximum drawdown -48.4% (2019-09-26 → 2026-03-18), prior peak not yet recovered.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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 setupMore QA assetsAll asset reports

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