Trend-Following Backtester · Guide · backtest 한국어

equity · US

Intercorp Financial Services Inc. backtest

10 trend-following strategies were compared on the full daily history of Intercorp Financial Services Inc.. 6 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 8.0%, MDD -22.3%).

Data 2019-07-01 ~ 2026-07-31daily bars 1,781 (7.1 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 6.0%, drawdown -61.6%).

Sharpe leader (same as main): Supertrend — CAGR 13.6%, MDD -37.0%, Sharpe 0.65, 54% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 7.6%p higher than buy and hold, while drawdown improves by 24.6%p (CAGR 8.0%, MDD -22.3%, exposure 36%).

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=33, mult=3.7
13.6%-37.0%0.650.372.5x2554%
ADX / DI 방향성
period=29, threshold=28
4.4%-15.3%0.590.291.4x45%
SMA 크로스오버
fast=30, slow=247
9.3%-39.3%0.520.241.9x946%
Donchian 채널 돌파
entryN=61, exitN=78
10.2%-43.5%0.510.232.0x962%
볼린저 밴드 돌파
n=47, k=1.8
8.0%-22.3%0.510.361.7x3536%
EMA 크로스오버
fast=44, slow=196
7.3%-44.4%0.440.161.6x943%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=22, mult=3.2
5.7%-23.6%0.420.241.5x1931%
MACD
fast=11, slow=23, signal=19
7.4%-45.6%0.400.161.7x10049%
Parabolic SAR
step=0.015, maxStep=0.2
4.3%-52.7%0.290.081.3x12450%
ROC 모멘텀
n=122, threshold=-0.01
3.9%-49.8%0.280.081.3x4757%
Buy and hold6.0%-61.6%0.340.101.5x1100%
1x 2020 2021 2022 2023 2024 2025 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -31% -46% -62% 2020 2021 2022 2023 2024 2025 2026 Buy and holdSupertrend
Supertrend maximum drawdown -37.0% (2021-02-19 → 2021-12-13), recovered after 1,090 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 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

Read next