Trend-Following Backtester · Guide · backtest 한국어

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Jindal Steel Limited backtest

10 trend-following strategies were compared on the full daily history of Jindal Steel Limited. 4 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 28.9%, MDD -59.0%).

Data 1999-09-22 ~ 2026-07-31daily bars 6,707 (26.9 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 25.2%, drawdown -92.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 28.9%, MDD -59.0%, Sharpe 0.91, 51% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 30.8%, MDD -78.1%, exposure 68%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 3.7%p higher than buy and hold, while drawdown improves by 33.9%p (CAGR 28.9%, MDD -59.0%, exposure 51%).

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
볼린저 밴드 돌파
n=43, k=0.6
28.9%-59.0%0.910.49922.2x23451%
Donchian 채널 돌파
entryN=13, exitN=26
30.8%-78.1%0.890.401367.7x12768%
SMA 크로스오버
fast=9, slow=29
27.8%-62.9%0.860.44729.1x21556%
Keltner 채널 돌파
emaPeriod=38, atrPeriod=25, mult=2.3
22.9%-57.2%0.850.40252.3x12435%
Supertrend
period=7, mult=3.4
26.7%-66.4%0.840.40571.0x13054%
EMA 크로스오버
fast=65, slow=207
23.5%-67.6%0.750.35289.4x1962%
MACD
fast=9, slow=69, signal=17
21.1%-81.4%0.730.26172.8x34553%
ADX / DI 방향성
period=32, threshold=8
20.3%-63.0%0.700.32144.1x29653%
ROC 모멘텀
n=144, threshold=-0.02
20.8%-73.1%0.690.28159.2x16961%
Parabolic SAR
step=0.01, maxStep=0.26
19.5%-79.7%0.690.24118.8x35952%
Buy and hold25.2%-92.9%0.700.27420.1x1100%
1x 10x 100x 1,000x 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -23% -46% -70% -93% 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -59.0% (2009-12-11 → 2015-10-09), recovered after 2,789 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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