Trend-Following Backtester · Guide · backtest 한국어

equity · US

Freedom Holding Corp. backtest

10 trend-following strategies were compared on the full daily history of Freedom Holding Corp.. 1 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 39.2%, MDD -32.4%).

Data 2018-02-07 ~ 2026-07-31daily bars 2,131 (8.5 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 41.4%, drawdown -45.9%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 43.2%, MDD -36.9%, Sharpe 1.21, 76% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.8%p higher than buy and hold, while drawdown improves by 9.0%p (CAGR 39.2%, MDD -32.4%, exposure 81%).

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
EMA 크로스오버
fast=62, slow=83
43.2%-36.9%1.211.1721.0x776%
SMA 크로스오버
fast=58, slow=217
41.0%-37.7%1.201.0918.4x771%
Donchian 채널 돌파
entryN=28, exitN=65
39.2%-32.4%1.181.2116.5x1581%
Supertrend
period=38, mult=4.1
31.5%-28.6%1.131.1010.2x3560%
ROC 모멘텀
n=123, threshold=0.04
34.3%-37.0%1.090.9312.2x4567%
볼린저 밴드 돌파
n=27, k=1.2
25.6%-27.0%1.090.956.9x8450%
Keltner 채널 돌파
emaPeriod=25, atrPeriod=25, mult=1.2
24.2%-25.3%1.060.966.3x8249%
MACD
fast=8, slow=48, signal=13
21.8%-29.7%0.940.735.3x12248%
ADX / DI 방향성
period=22, threshold=14
21.5%-29.3%0.940.735.2x8646%
Parabolic SAR
step=0.015, maxStep=0.18
13.0%-52.5%0.610.252.8x14457%
Buy and hold41.4%-45.9%1.090.9018.8x1100%
1x 10x 2019 2020 2021 2022 2023 2024 2025 2026 EMA 크로스오버Buy and hold
EMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -11% -23% -34% -46% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdEMA 크로스오버
EMA 크로스오버 maximum drawdown -36.9% (2025-08-06 → 2026-06-26), prior peak not yet recovered.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

Method and caveats

Past performance does not guarantee future returns. Parameters were carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupAll asset reports

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