Trend-Following Backtester · Guide · backtest 한국어

equity · TH

Indorama Ventures Public Co. Ltd. backtest

10 trend-following strategies were compared on the full daily history of Indorama Ventures Public Co. Ltd.. 8 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 8.1%, MDD -20.8%).

Data 2010-02-05 ~ 2026-07-31daily bars 4,016 (16.5 years)Costs 0.5%Venue SETMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 5.1%, drawdown -76.3%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 11.9%, MDD -34.4%, Sharpe 0.63, 26% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 12.2%, MDD -43.3%, exposure 49%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 6.9%p higher than buy and hold, while drawdown improves by 41.9%p (CAGR 8.1%, MDD -20.8%, exposure 7%).

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
ADX / DI 방향성
period=25, threshold=18
11.9%-34.4%0.630.356.4x7826%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=27, mult=2.4
8.1%-20.8%0.610.393.6x347%
볼린저 밴드 돌파
n=49, k=2.6
10.2%-27.4%0.590.375.0x3623%
SMA 크로스오버
fast=13, slow=38
12.2%-43.3%0.560.286.7x9949%
ROC 모멘텀
n=46, threshold=0.03
7.3%-52.3%0.400.143.2x20040%
Parabolic SAR
step=0.005, maxStep=0.36
7.6%-60.3%0.400.133.3x11753%
Supertrend
period=12, mult=3.8
6.9%-57.5%0.380.123.0x6853%
EMA 크로스오버
fast=31, slow=79
5.6%-49.4%0.340.112.5x3545%
MACD
fast=18, slow=56, signal=17
5.0%-67.0%0.320.082.3x15550%
Donchian 채널 돌파
entryN=15, exitN=66
2.9%-73.9%0.260.041.6x5774%
Buy and hold5.1%-76.3%0.330.072.3x1100%
1x 2011 2013 2015 2017 2019 2021 2023 2025 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -19% -38% -57% -76% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -34.4% (2010-12-03 → 2013-10-07), recovered after 1,539 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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