Trend-Following Backtester · Guide · backtest 한국어

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Bank of Baroda backtest

10 trend-following strategies were compared on the full daily history of Bank of Baroda. 0 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is MACD (CAGR 10.0%, MDD -61.8%).

Data 2002-07-01 ~ 2026-07-31daily bars 5,981 (24.1 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.9%, drawdown -83.8%).

Sharpe leader (same as main): MACD — CAGR 10.0%, MDD -61.8%, Sharpe 0.48, 50% exposure.

Return/drawdown alternative: MACD — CAGR is 2.8%p lower than buy and hold, while drawdown improves by 22.0%p (CAGR 10.0%, MDD -61.8%, exposure 50%).

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
MACD
fast=14, slow=59, signal=15
10.0%-61.8%0.480.1610.0x28050%
SMA 크로스오버
fast=36, slow=213
8.8%-66.4%0.430.137.6x3457%
ADX / DI 방향성
period=29, threshold=14
7.9%-51.2%0.420.156.2x19233%
EMA 크로스오버
fast=21, slow=48
7.9%-81.4%0.400.106.2x10457%
볼린저 밴드 돌파
n=25, k=1.3
6.9%-59.0%0.390.125.0x25640%
Donchian 채널 돌파
entryN=12, exitN=57
7.5%-83.9%0.380.095.7x8280%
Supertrend
period=23, mult=3.5
6.7%-72.5%0.370.094.8x11850%
ROC 모멘텀
n=124, threshold=0.1
5.6%-69.2%0.340.083.7x22446%
Parabolic SAR
step=0.015, maxStep=0.14
3.0%-69.2%0.250.042.0x43452%
Keltner 채널 돌파
emaPeriod=68, atrPeriod=27, mult=1.3
3.0%-76.3%0.250.042.0x16045%
Buy and hold12.9%-83.8%0.500.1518.4x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -42% -63% -84% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdMACD
MACD maximum drawdown -61.8% (2015-08-18 → 2020-05-19), recovered after 2,575 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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