Trend-Following Backtester · Guide · backtest 한국어

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Banco Bradesco SA backtest

10 trend-following strategies were compared on the full daily history of Banco Bradesco SA. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester.

Data 2000-01-03 ~ 2026-07-31daily bars 6,672 (26.6 years)Costs 0.5%Venue BMFBOVESPAMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 8.1%, drawdown -61.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 3.1%, MDD -12.3%, Sharpe 0.47, 6% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 7.1%, MDD -53.9%, exposure 67%.

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
볼린저 밴드 돌파
n=40, k=3.5
3.1%-12.3%0.470.252.2x156%
Donchian 채널 돌파
entryN=18, exitN=33
7.1%-53.9%0.390.136.1x11767%
Supertrend
period=6, mult=4.1
5.1%-51.7%0.330.103.8x11954%
Keltner 채널 돌파
emaPeriod=36, atrPeriod=13, mult=3.4
3.4%-30.3%0.310.112.4x8021%
SMA 크로스오버
fast=19, slow=73
4.4%-61.9%0.300.073.1x10554%
MACD
fast=25, slow=37, signal=22
3.4%-71.8%0.260.052.4x25352%
EMA 크로스오버
fast=40, slow=64
2.9%-75.9%0.240.042.1x7458%
Parabolic SAR
step=0.005, maxStep=0.18
0.7%-63.3%0.150.011.2x23452%
ADX / DI 방향성
period=12, threshold=28
0.4%-55.5%0.100.011.1x18419%
ROC 모멘텀
n=68, threshold=-0.04
-0.6%-79.1%0.10-0.010.8x30665%
Buy and hold8.1%-61.3%0.400.137.9x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -15% -31% -46% -61% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -12.3% (2017-10-03 → 2022-10-17), recovered after 2,512 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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