Trend-Following Backtester · Guide · backtest 한국어

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IRB Infrastructure Developers Limited backtest

10 trend-following strategies were compared on the full daily history of IRB Infrastructure Developers Limited. 8 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 8.4%, MDD -31.6%).

Data 2008-02-25 ~ 2026-07-31daily bars 4,545 (18.4 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 4.1%, drawdown -84.5%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 14.8%, MDD -36.5%, Sharpe 0.68, 24% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 10.7%p higher than buy and hold, while drawdown improves by 48.0%p (CAGR 8.4%, MDD -31.6%, exposure 10%).

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
ROC 모멘텀
n=143, threshold=0.23
14.8%-36.5%0.680.4112.8x6024%
볼린저 밴드 돌파
n=36, k=3.1
10.3%-44.6%0.590.236.1x3213%
ADX / DI 방향성
period=23, threshold=25
8.4%-31.6%0.540.274.4x3010%
Keltner 채널 돌파
emaPeriod=40, atrPeriod=19, mult=3.1
9.9%-51.5%0.520.195.7x4019%
EMA 크로스오버
fast=54, slow=333
8.0%-70.8%0.410.114.2x2049%
SMA 크로스오버
fast=49, slow=159
7.5%-77.4%0.390.103.8x3043%
MACD
fast=18, slow=55, signal=6
6.8%-64.6%0.370.113.4x28849%
Donchian 채널 돌파
entryN=16, exitN=18
4.2%-79.8%0.290.052.1x11851%
Parabolic SAR
step=0.02, maxStep=0.18
2.7%-82.0%0.250.031.6x35551%
Supertrend
period=25, mult=2.1
2.5%-79.1%0.240.031.6x19644%
Buy and hold4.1%-84.5%0.330.052.1x1100%
1x 10x 2009 2012 2015 2018 2021 2024 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -42% -63% -85% 2009 2012 2015 2018 2021 2024 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -36.5% (2014-11-18 → 2018-05-16), recovered after 2,529 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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