Trend-Following Backtester · Guide · backtest 한국어

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BRBI BR Partners S.A. Units Cons of 1 Sh and 2 Pfd Shs backtest

10 trend-following strategies were compared on the full daily history of BRBI BR Partners S.A. Units Cons of 1 Sh and 2 Pfd Shs. 10 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 6.2%, MDD -12.9%).

Data 2021-07-14 ~ 2026-07-31daily bars 1,261 (5.0 years)Costs 0.5%Venue BMFBOVESPAMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -6.9%, drawdown -66.2%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 6.2%, MDD -12.9%, Sharpe 0.50, 17% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 6.4%, MDD -28.1%, exposure 52%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 13.1%p higher than buy and hold, while drawdown improves by 53.3%p (CAGR 6.2%, MDD -12.9%, exposure 17%).

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
Keltner 채널 돌파
emaPeriod=43, atrPeriod=20, mult=3.2
6.2%-12.9%0.500.481.4x817%
ADX / DI 방향성
period=24, threshold=26
4.2%-13.0%0.420.331.2x612%
Donchian 채널 돌파
entryN=30, exitN=43
6.4%-28.1%0.390.231.4x1252%
SMA 크로스오버
fast=44, slow=64
4.2%-26.7%0.300.161.2x1645%
ROC 모멘텀
n=51, threshold=0.04
3.9%-29.6%0.290.131.2x5436%
EMA 크로스오버
fast=9, slow=175
2.9%-29.0%0.240.101.2x1043%
MACD
fast=14, slow=68, signal=19
-0.3%-35.6%0.10-0.011.0x4745%
Parabolic SAR
step=0.01, maxStep=0.24
-1.6%-37.9%0.06-0.040.9x6845%
볼린저 밴드 돌파
n=53, k=1.4
-0.9%-35.2%0.05-0.021.0x2633%
Supertrend
period=13, mult=2.9
-4.2%-46.3%-0.04-0.090.8x3051%
Buy and hold-6.9%-66.2%-0.00-0.100.7x1100%
1x 2022 2023 2024 2025 2026 Donchian 채널 돌파Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -17% -33% -50% -66% 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -12.9% (2024-01-16 → 2025-05-22), recovered after 616 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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