Trend-Following Backtester · Guide · backtest 한국어

equity · BR

MBRF Global Foods Company S.A. backtest

10 trend-following strategies were compared on the full daily history of MBRF Global Foods Company S.A.. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 4.1%, MDD -26.0%).

Data 2007-06-29 ~ 2026-07-31daily bars 4,739 (19.1 years)Costs 0.5%Venue BMFBOVESPAMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -0.1%, drawdown -84.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 4.1%, MDD -26.0%, Sharpe 0.44, 4% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 5.9%, MDD -66.6%, exposure 59%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.3%p higher than buy and hold, while drawdown improves by 58.9%p (CAGR 4.1%, MDD -26.0%, exposure 4%).

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=28, k=3.5
4.1%-26.0%0.440.162.2x124%
ROC 모멘텀
n=67, threshold=-0.06
5.9%-66.6%0.340.093.0x20959%
EMA 크로스오버
fast=23, slow=79
5.5%-68.7%0.330.082.8x4848%
SMA 크로스오버
fast=8, slow=102
5.5%-61.2%0.330.092.8x7049%
Donchian 채널 돌파
entryN=28, exitN=70
4.7%-63.1%0.310.072.4x4869%
Keltner 채널 돌파
emaPeriod=11, atrPeriod=24, mult=1.6
4.2%-39.5%0.310.112.2x13716%
Supertrend
period=14, mult=4.9
3.5%-64.0%0.270.051.9x5449%
ADX / DI 방향성
period=27, threshold=12
2.8%-58.4%0.240.051.7x20440%
MACD
fast=9, slow=34, signal=12
1.9%-68.9%0.220.031.4x32548%
Parabolic SAR
step=0.025, maxStep=0.36
0.3%-71.8%0.170.001.1x46549%
Buy and hold-0.1%-84.9%0.24-0.001.0x1100%
1x 2008 2011 2014 2017 2020 2023 2026 ROC 모멘텀볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -21% -42% -64% -85% 2008 2011 2014 2017 2020 2023 2026 Buy and holdROC 모멘텀볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -26.0% (2009-06-04 → 2015-07-24), recovered after 3,753 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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