Trend-Following Backtester · Guide · backtest 한국어

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Cosmo Pharmaceuticals NV backtest

10 trend-following strategies were compared on the full daily history of Cosmo Pharmaceuticals NV. 8 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 9.5%, MDD -33.8%).

Data 2007-03-12 ~ 2026-07-31daily bars 4,874 (19.4 years)Costs 0.5%Venue SIXMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 5.2%, drawdown -82.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 12.4%, MDD -45.4%, Sharpe 0.73, 30% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 7.2%p higher than buy and hold, while drawdown improves by 36.8%p (CAGR 9.5%, MDD -33.8%, exposure 14%).

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=122, exitN=31
12.4%-45.4%0.730.279.7x3030%
Keltner 채널 돌파
emaPeriod=23, atrPeriod=26, mult=3.6
9.5%-33.8%0.720.285.8x3814%
볼린저 밴드 돌파
n=53, k=2.9
9.9%-53.5%0.650.196.3x3420%
SMA 크로스오버
fast=52, slow=188
10.1%-56.8%0.550.186.5x2646%
ROC 모멘텀
n=146, threshold=0.14
8.8%-61.4%0.520.145.2x8631%
EMA 크로스오버
fast=42, slow=186
9.3%-62.8%0.510.155.6x2847%
ADX / DI 방향성
period=13, threshold=35
4.8%-29.6%0.480.162.5x6410%
Parabolic SAR
step=0.005, maxStep=0.36
7.8%-79.1%0.430.104.3x13651%
Supertrend
period=8, mult=5
7.6%-77.4%0.420.104.2x6250%
MACD
fast=28, slow=44, signal=23
2.3%-78.4%0.220.031.5x15749%
Buy and hold5.2%-82.2%0.320.062.7x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -45.4% (2014-07-14 → 2022-10-27), recovered after 4,161 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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