Trend-Following Backtester · Guide · backtest 한국어

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PFIZER LIMITED backtest

10 trend-following strategies were compared on the full daily history of PFIZER LIMITED. 2 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 10.6%, MDD -37.6%).

Data 2002-07-01 ~ 2026-07-31daily bars 5,980 (24.1 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 10.3%, drawdown -62.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.3%, MDD -40.3%, Sharpe 0.71, 65% exposure.

Return/drawdown alternative: Supertrend — CAGR is 4.0%p higher than buy and hold, while drawdown improves by 22.5%p (CAGR 10.6%, MDD -37.6%, exposure 56%).

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=29, exitN=50
14.3%-40.3%0.710.3524.9x3965%
Supertrend
period=10, mult=3.7
10.6%-37.6%0.590.2811.3x7356%
EMA 크로스오버
fast=17, slow=46
9.6%-44.2%0.540.229.2x10555%
SMA 크로스오버
fast=11, slow=217
9.4%-41.2%0.530.238.8x4257%
볼린저 밴드 돌파
n=25, k=1.6
7.2%-47.5%0.480.155.4x20938%
Parabolic SAR
step=0.005, maxStep=0.26
6.1%-44.5%0.400.144.1x18553%
ROC 모멘텀
n=90, threshold=-0.04
6.6%-61.7%0.390.114.6x19767%
Keltner 채널 돌파
emaPeriod=48, atrPeriod=33, mult=1.2
5.4%-33.3%0.380.163.5x15340%
MACD
fast=16, slow=56, signal=19
4.3%-47.9%0.320.092.8x25549%
ADX / DI 방향성
period=21, threshold=14
2.2%-55.3%0.210.041.7x26455%
Buy and hold10.3%-62.8%0.500.1610.6x1100%
1x 10x 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% -16% -31% -47% -63% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -40.3% (2013-12-03 → 2014-02-28), recovered after 367 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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