Trend-Following Backtester · Guide · backtest 한국어

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Cummins India Limited backtest

10 trend-following strategies were compared on the full daily history of Cummins India Limited. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 22.5%, MDD -48.5%).

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

3 of 10 beat buy and hold (CAGR 22.5%, drawdown -75.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 25.4%, MDD -55.7%, Sharpe 0.96, 72% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 2.9%p higher than buy and hold, while drawdown improves by 20.2%p (CAGR 22.5%, MDD -48.5%, exposure 60%).

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=68, exitN=94
25.4%-55.7%0.960.46234.8x2172%
EMA 크로스오버
fast=20, slow=36
22.5%-48.5%0.920.46132.9x9860%
SMA 크로스오버
fast=20, slow=202
23.1%-52.6%0.920.44149.7x2967%
Supertrend
period=11, mult=3.9
22.6%-62.3%0.920.36135.1x6261%
ROC 모멘텀
n=155, threshold=-0.09
22.1%-60.2%0.860.37122.5x7775%
Keltner 채널 돌파
emaPeriod=37, atrPeriod=20, mult=1.6
14.6%-41.5%0.750.3526.9x13241%
볼린저 밴드 돌파
n=35, k=1.4
14.3%-42.8%0.710.3324.8x18445%
MACD
fast=20, slow=79, signal=21
14.4%-57.8%0.680.2525.3x19651%
Parabolic SAR
step=0.005, maxStep=0.18
12.7%-60.0%0.620.2117.7x19855%
ADX / DI 방향성
period=31, threshold=9
11.3%-67.6%0.570.1713.0x29855%
Buy and hold22.5%-75.9%0.780.30133.4x1100%
1x 10x 100x 2003 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -76% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -55.7% (2015-08-14 → 2020-07-15), recovered after 2,028 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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