Trend-Following Backtester · Guide · backtest 한국어

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Localiza Rent A Car SA backtest

10 trend-following strategies were compared on the full daily history of Localiza Rent A Car SA. 0 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 14.7%, MDD -33.4%).

Data 2005-05-23 ~ 2026-07-31daily bars 5,273 (21.2 years)Costs 0.5%Venue BMFBOVESPAMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 18.1%, drawdown -77.3%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 14.7%, MDD -33.4%, Sharpe 0.75, 36% exposure.

CAGR reference leader: Supertrend — CAGR 16.7%, MDD -47.5%, exposure 56%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 3.4%p lower than buy and hold, while drawdown improves by 43.9%p (CAGR 14.7%, MDD -33.4%, 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
Keltner 채널 돌파
emaPeriod=68, atrPeriod=12, mult=2.8
14.7%-33.4%0.750.4418.2x5236%
Supertrend
period=12, mult=4.4
16.7%-47.5%0.710.3526.5x5856%
볼린저 밴드 돌파
n=29, k=3
9.3%-34.5%0.700.276.6x3213%
ADX / DI 방향성
period=30, threshold=36
4.1%-12.9%0.640.322.4x43%
Donchian 채널 돌파
entryN=12, exitN=48
16.2%-71.9%0.610.2223.9x7280%
EMA 크로스오버
fast=23, slow=43
11.7%-69.7%0.540.1710.5x9860%
SMA 크로스오버
fast=15, slow=59
11.7%-56.9%0.530.2010.3x10859%
ROC 모멘텀
n=59, threshold=0.04
8.7%-63.3%0.460.145.8x27851%
MACD
fast=16, slow=61, signal=12
7.7%-60.7%0.410.134.8x26451%
Parabolic SAR
step=0.01, maxStep=0.3
4.2%-66.1%0.290.062.4x30057%
Buy and hold18.1%-77.3%0.610.2334.1x1100%
1x 10x 2006 2009 2012 2015 2018 2021 2024 SupertrendKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -19% -39% -58% -77% 2006 2009 2012 2015 2018 2021 2024 Buy and holdSupertrendKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -33.4% (2021-01-14 → 2025-04-08), prior peak not yet recovered.

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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