Trend-Following Backtester · Guide · backtest 한국어

equity · ID

PT ANTAM (Persero) Tbk backtest

10 trend-following strategies were compared on the full daily history of PT ANTAM (Persero) Tbk. 3 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 12.3%, MDD -34.4%).

Data 2005-09-29 ~ 2026-07-31daily bars 5,129 (20.8 years)Costs 0.5%Venue IDXMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 9.5%, drawdown -93.2%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 12.3%, MDD -34.4%, Sharpe 0.67, 11% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 15.5%, MDD -66.1%, exposure 44%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 2.8%p higher than buy and hold, while drawdown improves by 58.8%p (CAGR 12.3%, MDD -34.4%, exposure 11%).

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
ADX / DI 방향성
period=13, threshold=36
12.3%-34.4%0.670.3611.2x6611%
SMA 크로스오버
fast=17, slow=181
15.5%-66.1%0.530.2320.2x3444%
Donchian 채널 돌파
entryN=2, exitN=37
11.8%-92.8%0.510.1310.2x15787%
ROC 모멘텀
Hold-like · Exposure 99%
n=4, threshold=-0.15
7.2%-95.0%0.480.084.3x8399%
EMA 크로스오버
fast=11, slow=211
8.9%-75.3%0.430.125.9x3451%
MACD
fast=19, slow=35, signal=23
6.6%-96.1%0.420.073.8x16745%
Parabolic SAR
step=0.005, maxStep=0.1
-5.8%-99.8%0.29-0.060.3x11953%
Supertrend
period=18, mult=5
-16.9%-100.0%0.07-0.170.0x7655%
볼린저 밴드 돌파
n=15, k=1.1
-18.7%-100.0%0.05-0.190.0x30045%
Keltner 채널 돌파
emaPeriod=60, atrPeriod=10, mult=0.9
-19.2%-99.9%0.03-0.190.0x15448%
Buy and hold9.5%-93.2%0.500.106.6x1100%
1x 10x 2006 2009 2012 2015 2018 2021 2024 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -23% -47% -70% -93% 2006 2009 2012 2015 2018 2021 2024 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -34.4% (2021-01-20 → 2025-05-14), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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

Read next