Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Endeavour Mining PLC backtest

10 trend-following strategies were compared on the full daily history of Endeavour Mining PLC. 9 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 7.0%, MDD -51.0%).

Data 1996-08-08 ~ 2026-07-31daily bars 7,533 (30.0 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 3.7%, drawdown -96.5%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 7.0%, MDD -51.0%, Sharpe 0.43, 12% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 9.1%, MDD -81.9%, exposure 78%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 3.3%p higher than buy and hold, while drawdown improves by 45.6%p (CAGR 7.0%, MDD -51.0%, exposure 12%).

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=33, k=3.3
7.0%-51.0%0.430.147.6x5012%
Donchian 채널 돌파
entryN=15, exitN=75
9.1%-81.9%0.420.1113.7x11278%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=13, mult=3.7
7.3%-62.7%0.400.128.3x8422%
EMA 크로스오버
fast=29, slow=44
8.0%-81.6%0.390.109.9x11453%
ADX / DI 방향성
period=33, threshold=19
6.7%-67.9%0.380.107.0x9418%
SMA 크로스오버
fast=8, slow=66
7.2%-84.5%0.370.098.0x16452%
Parabolic SAR
step=0.01, maxStep=0.02
6.4%-85.2%0.350.086.4x16451%
MACD
fast=24, slow=51, signal=23
5.5%-84.1%0.330.075.0x24450%
Supertrend
period=9, mult=4.8
5.1%-87.9%0.320.064.5x13251%
ROC 모멘텀
n=27, threshold=-0.07
-2.1%-95.6%0.16-0.020.5x50071%
Buy and hold3.7%-96.5%0.330.042.9x1100%
1x 10x 1997 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% -24% -48% -72% -97% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -51.0% (2000-02-15 → 2003-08-01), recovered after 2,088 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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