Trend-Following Backtester · Guide · backtest 한국어

equity · IN

IFCI Limited backtest

10 trend-following strategies were compared on the full daily history of IFCI Limited. 10 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 16.5%, MDD -69.2%).

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

10 of 10 beat buy and hold (CAGR 11.3%, drawdown -97.0%).

Sharpe leader (same as main): MACD — CAGR 21.0%, MDD -83.8%, Sharpe 0.65, 50% exposure.

Return/drawdown alternative: Supertrend — CAGR is 9.7%p higher than buy and hold, while drawdown improves by 13.2%p (CAGR 16.5%, MDD -69.2%, exposure 46%).

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=11, slow=24, signal=13
21.0%-83.8%0.650.2599.2x38050%
ADX / DI 방향성
period=39, threshold=12
19.8%-81.9%0.640.2477.7x14543%
볼린저 밴드 돌파
n=20, k=1.9
17.5%-71.9%0.610.2448.7x23230%
SMA 크로스오버
fast=16, slow=78
18.6%-72.1%0.610.2661.0x9150%
Donchian 채널 돌파
entryN=39, exitN=43
18.4%-75.0%0.600.2458.2x6354%
EMA 크로스오버
fast=16, slow=53
17.7%-82.9%0.590.2151.0x11349%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=13, mult=1.5
16.3%-74.0%0.570.2237.8x12839%
Supertrend
period=27, mult=4.9
16.5%-69.2%0.570.2439.7x6446%
Parabolic SAR
step=0.005, maxStep=0.4
16.2%-86.2%0.560.1937.3x17648%
ROC 모멘텀
n=77, threshold=0.09
14.7%-83.7%0.540.1827.2x22739%
Buy and hold11.3%-97.0%0.480.1213.3x1100%
1x 10x 100x 2003 2006 2009 2012 2015 2018 2021 2024 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -73% -97% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdMACD
MACD maximum drawdown -83.8% (2014-06-09 → 2020-05-12), recovered after 3,098 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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