Trend-Following Backtester · Guide · backtest 한국어

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Cohance Lifesciences Ltd backtest

10 trend-following strategies were compared on the full daily history of Cohance Lifesciences Ltd. 9 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 18.6%, MDD -19.9%).

Data 2020-03-09 ~ 2026-07-31daily bars 1,586 (6.4 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 15.5%, drawdown -79.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 30.1%, MDD -35.8%, Sharpe 1.01, 53% exposure.

CAGR reference leader: Supertrend — CAGR 32.7%, MDD -42.4%, exposure 73%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 14.6%p higher than buy and hold, while drawdown improves by 43.2%p (CAGR 18.6%, MDD -19.9%, exposure 33%).

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=41, exitN=43
30.1%-35.8%1.010.845.4x1153%
Supertrend
period=15, mult=4.9
32.7%-42.4%0.990.776.1x1173%
볼린저 밴드 돌파
n=48, k=1.8
26.0%-29.1%0.980.894.4x2237%
Keltner 채널 돌파
emaPeriod=51, atrPeriod=12, mult=2
25.4%-40.1%0.980.634.3x2239%
Parabolic SAR
step=0.01, maxStep=0.14
28.8%-34.2%0.950.845.1x8050%
SMA 크로스오버
fast=30, slow=54
26.8%-31.5%0.940.854.6x3153%
ROC 모멘텀
n=41, threshold=0.14
21.5%-36.3%0.920.593.5x4824%
ADX / DI 방향성
period=19, threshold=22
18.6%-19.9%0.820.933.0x3933%
EMA 크로스오버
fast=30, slow=162
18.9%-28.9%0.810.653.0x858%
MACD
fast=15, slow=34, signal=10
8.5%-62.8%0.420.141.7x10247%
Buy and hold15.5%-79.0%0.550.202.5x1100%
1x 2021 2022 2023 2024 2025 2026 SupertrendDonchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -20% -40% -59% -79% 2021 2022 2023 2024 2025 2026 Buy and holdSupertrendDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -35.8% (2021-08-06 → 2023-07-03), recovered after 881 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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