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Trend-Following Backtester · Guide · backtest 한국어

equity · SA

Saudi Chemical Co. backtest

10 trend-following strategies were compared on the full daily history of Saudi Chemical Co.. 5 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 8.5%, MDD -15.6%).

Data 2010-03-03 ~ 2026-07-30daily bars 4,035 (16.4 years)Costs 0.5%Venue TADAWULMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 6.0%, drawdown -95.7%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 8.5%, MDD -15.6%, Sharpe 0.75, 7% exposure.

CAGR reference leader: MACD — CAGR 9.6%, MDD -93.5%, exposure 53%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 2.5%p higher than buy and hold, while drawdown improves by 80.1%p (CAGR 8.5%, MDD -15.6%, exposure 7%).

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=23, threshold=34
8.5%-15.6%0.750.543.8x107%
MACD
fast=36, slow=72, signal=21
9.6%-93.5%0.350.104.5x9853%
Donchian 채널 돌파
entryN=94, exitN=94
7.8%-94.5%0.350.083.5x1751%
SMA 크로스오버
fast=10, slow=53
7.5%-94.2%0.350.083.3x9451%
Supertrend
period=6, mult=4.5
6.3%-94.0%0.350.072.7x7153%
ROC 모멘텀
n=19, threshold=-0.04
4.6%-96.0%0.340.052.1x25174%
EMA 크로스오버
fast=52, slow=213
5.0%-94.8%0.250.052.2x2542%
볼린저 밴드 돌파
n=55, k=3.1
-6.0%-93.6%0.25-0.060.4x2017%
Keltner 채널 돌파
emaPeriod=67, atrPeriod=24, mult=2.2
-8.9%-95.9%0.24-0.090.2x7037%
Parabolic SAR
step=0.005, maxStep=0.26
-11.9%-95.0%0.23-0.130.1x11249%
Buy and hold6.0%-95.7%0.350.062.6x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 MACDADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -24% -48% -72% -96% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdMACDADX / DI 방향성
ADX / DI 방향성 maximum drawdown -15.6% (2024-03-18 → 2024-03-26), recovered after 28 days.

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 setupMore SA assetsAll asset reports

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