Trend-Following Backtester · Guide · backtest 한국어

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BB Seguridade Participacoes SA backtest

10 trend-following strategies were compared on the full daily history of BB Seguridade Participacoes SA. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 5.6%, MDD -33.1%).

Data 2013-04-29 ~ 2026-07-31daily bars 3,299 (13.3 years)Costs 0.5%Venue BMFBOVESPAMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.1%, drawdown -52.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 5.6%, MDD -33.1%, Sharpe 0.38, 54% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.5%p lower than buy and hold, while drawdown improves by 18.9%p (CAGR 5.6%, MDD -33.1%, exposure 54%).

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
Donchian 채널 돌파
entryN=29, exitN=34
5.6%-33.1%0.380.172.1x4554%
MACD
fast=24, slow=51, signal=29
5.0%-38.4%0.350.131.9x8949%
SMA 크로스오버
fast=13, slow=58
4.9%-31.2%0.340.161.9x6754%
Supertrend
period=21, mult=4.9
3.1%-43.0%0.260.071.5x3749%
ROC 모멘텀
n=102, threshold=-0.11
2.9%-58.3%0.240.051.5x6581%
EMA 크로스오버
fast=19, slow=25
2.7%-43.2%0.240.061.4x8153%
ADX / DI 방향성
period=22, threshold=30
1.1%-17.2%0.220.071.2x125%
볼린저 밴드 돌파
n=48, k=1.4
1.4%-55.9%0.170.031.2x8541%
Keltner 채널 돌파
emaPeriod=27, atrPeriod=17, mult=2.6
0.3%-39.3%0.080.011.0x4920%
Parabolic SAR
step=0.005, maxStep=0.22
-3.0%-59.0%-0.05-0.050.7x12150%
Buy and hold7.1%-52.0%0.390.142.5x1100%
1x 2014 2016 2018 2020 2022 2024 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -13% -26% -39% -52% 2014 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -33.1% (2016-04-22 → 2019-04-15), recovered after 2,299 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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