Trend-Following Backtester · Guide · backtest 한국어

equity · DE

Deutsche Boerse AG backtest

10 trend-following strategies were compared on the full daily history of Deutsche Boerse AG. 0 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 16.1%, MDD -54.3%).

Data 2001-02-05 ~ 2026-07-31daily bars 6,507 (25.5 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 18.1%, drawdown -83.0%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 4.9%, MDD -60.2%, Sharpe 0.34, 58% exposure.

CAGR reference leader: Supertrend — CAGR 16.1%, MDD -54.3%, exposure 58%.

Return/drawdown alternative: Supertrend — CAGR is 13.2%p lower than buy and hold, while drawdown improves by 22.8%p (CAGR 16.1%, MDD -54.3%, exposure 58%).

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
SMA 크로스오버
fast=54, slow=74
4.9%-60.2%0.340.083.4x10858%
EMA 크로스오버
fast=30, slow=117
4.8%-70.6%0.330.073.3x4764%
볼린저 밴드 돌파
n=55, k=2.3
3.0%-47.4%0.280.062.1x9333%
Donchian 채널 돌파
entryN=71, exitN=76
3.6%-75.1%0.280.052.5x4167%
ADX / DI 방향성
period=38, threshold=22
2.0%-28.7%0.260.071.7x2811%
Supertrend
period=37, mult=5
16.1%-54.3%0.240.3044.8x6958%
ROC 모멘텀
n=59, threshold=-0.08
13.8%-73.2%0.240.1927.0x16983%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=24, mult=2.1
11.4%-67.0%0.210.1715.7x13341%
MACD
fast=29, slow=55, signal=30
5.6%-80.2%0.190.074.0x22150%
Parabolic SAR
step=0.015, maxStep=0.12
4.2%-87.2%0.180.052.8x46956%
Buy and hold18.1%-83.0%0.260.2270.0x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 SupertrendSMA 크로스오버Buy and hold
SMA 크로스오버 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -21% -41% -62% -83% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSupertrendSMA 크로스오버
SMA 크로스오버 maximum drawdown -60.2% (2007-04-16 → 2012-01-06), recovered after 4,522 days.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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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