Trend-Following Backtester · Guide · backtest 한국어

equity · SA

Saudi Arabian Mining Co. backtest

10 trend-following strategies were compared on the full daily history of Saudi Arabian Mining Co.. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester.

Data 2010-03-03 ~ 2026-07-30daily bars 4,037 (16.4 years)Costs 0.5%Venue TADAWULMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 15.2%, drawdown -72.9%).

Sharpe leader (same as main): Supertrend — CAGR 7.8%, MDD -71.7%, Sharpe 0.38, 50% exposure.

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
Supertrend
period=24, mult=1.5
7.8%-71.7%0.380.113.4x28850%
MACD
fast=17, slow=32, signal=4
4.9%-73.3%0.350.072.2x33548%
Donchian 채널 돌파
entryN=22, exitN=71
4.7%-89.3%0.350.052.1x3481%
SMA 크로스오버
fast=28, slow=188
4.9%-81.2%0.310.062.2x2865%
ROC 모멘텀
n=67, threshold=-0.03
1.7%-89.8%0.310.021.3x16066%
EMA 크로스오버
fast=56, slow=204
-1.5%-93.2%0.28-0.020.8x2269%
Parabolic SAR
step=0.03, maxStep=0.18
-1.4%-93.9%0.27-0.010.8x37251%
볼린저 밴드 돌파
n=8, k=2
-6.6%-93.7%0.19-0.070.3x23623%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=13, mult=1.5
-11.0%-97.8%0.08-0.110.1x11646%
ADX / DI 방향성
period=8, threshold=15
-13.4%-98.5%0.05-0.140.1x43851%
Buy and hold15.2%-72.9%0.460.2110.2x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -55% -73% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdSupertrend
Supertrend maximum drawdown -71.7% (2013-06-27 → 2014-12-15), recovered after 3,633 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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