Trend-Following Backtester · Guide · backtest 한국어

equity · IL

Azrieli Group Ltd. backtest

10 trend-following strategies were compared on the full daily history of Azrieli Group Ltd.. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 2.5%, MDD -14.9%).

Data 2010-11-09 ~ 2026-07-31daily bars 3,137 (15.7 years)Costs 0.5%Venue TASEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -18.1%, drawdown -99.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.4%, MDD -23.6%, Sharpe 0.66, 59% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 27.5%p higher than buy and hold, while drawdown improves by 75.7%p (CAGR 2.5%, MDD -14.9%, exposure 14%).

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
Donchian 채널 돌파
entryN=74, exitN=74
9.4%-23.6%0.660.404.1x1459%
Supertrend
period=9, mult=4.8
8.9%-25.4%0.650.353.8x3051%
SMA 크로스오버
fast=44, slow=81
9.2%-26.9%0.640.344.0x3860%
EMA 크로스오버
fast=11, slow=107
7.1%-27.2%0.520.262.9x3457%
ROC 모멘텀
n=160, threshold=-0.08
7.2%-39.8%0.490.183.0x4173%
볼린저 밴드 돌파
n=48, k=2.9
2.5%-14.9%0.360.171.5x2014%
Keltner 채널 돌파
emaPeriod=28, atrPeriod=14, mult=2.7
2.9%-26.1%0.350.111.6x4422%
Parabolic SAR
step=0.01, maxStep=0.34
2.0%-45.6%0.230.041.4x16652%
ADX / DI 방향성
period=13, threshold=24
1.1%-32.9%0.180.031.2x7620%
MACD
fast=22, slow=28, signal=24
-0.6%-53.9%0.07-0.010.9x12150%
Buy and hold-18.1%-99.3%0.20-0.180.0x1100%
0.01 0.1 1x 2011 2013 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -74% -99% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -23.6% (2024-03-25 → 2024-09-19), recovered after 287 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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