Trend-Following Backtester · Guide · backtest 한국어

equity · SA

Saudi Kayan Petrochemical Co. backtest

10 trend-following strategies were compared on the full daily history of Saudi Kayan Petrochemical Co.. 10 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.9%, MDD -23.5%).

Data 2010-03-04 ~ 2026-07-30daily bars 4,033 (16.4 years)Costs 0.5%Venue TADAWULMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -7.6%, drawdown -81.2%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 5.7%, MDD -33.5%, Sharpe 0.46, 23% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 13.4%p higher than buy and hold, while drawdown improves by 47.6%p (CAGR 2.9%, MDD -23.5%, exposure 12%).

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=121, threshold=0.13
5.7%-33.5%0.460.172.5x7023%
ADX / DI 방향성
period=39, threshold=21
2.9%-23.5%0.340.121.6x2612%
EMA 크로스오버
fast=12, slow=250
4.0%-36.9%0.320.111.9x1833%
Parabolic SAR
step=0.015, maxStep=0.06
4.4%-70.2%0.310.062.0x17247%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=17, mult=3.3
3.2%-36.7%0.290.091.7x4224%
SMA 크로스오버
fast=15, slow=216
3.4%-50.1%0.270.071.7x2637%
볼린저 밴드 돌파
n=27, k=1.8
2.6%-46.5%0.240.061.5x10628%
MACD
fast=6, slow=36, signal=19
2.7%-51.5%0.240.051.6x23649%
Supertrend
period=28, mult=2.6
2.7%-54.4%0.230.051.5x15246%
Donchian 채널 돌파
entryN=116, exitN=33
1.3%-43.2%0.160.031.2x2426%
Buy and hold-7.6%-81.2%-0.10-0.090.3x1100%
1x 2011 2013 2015 2017 2019 2021 2023 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -81% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -33.5% (2014-09-09 → 2016-10-09), recovered after 1,225 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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