Trend-Following Backtester · Guide · backtest 한국어

equity · DE

FUCHS SE backtest

10 trend-following strategies were compared on the full daily history of FUCHS SE. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 10.4%, MDD -30.4%).

Data 1999-01-08 ~ 2026-07-31daily bars 7,048 (27.6 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.0%, drawdown -67.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.4%, MDD -30.4%, Sharpe 0.60, 55% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.6%p lower than buy and hold, while drawdown improves by 37.2%p (CAGR 10.4%, MDD -30.4%, exposure 55%).

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=60, exitN=40
10.4%-30.4%0.600.3415.2x6155%
EMA 크로스오버
fast=26, slow=89
9.6%-54.1%0.540.1812.4x6959%
SMA 크로스오버
fast=24, slow=97
9.5%-55.4%0.530.1712.2x7759%
ROC 모멘텀
n=128, threshold=-0.12
8.5%-68.8%0.450.129.5x13583%
Supertrend
period=9, mult=5
6.4%-54.3%0.410.125.5x10953%
볼린저 밴드 돌파
n=53, k=2.1
5.4%-50.9%0.410.114.2x9934%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=17, mult=3.3
3.5%-40.8%0.300.082.6x9630%
MACD
fast=23, slow=50, signal=21
2.5%-58.1%0.220.042.0x26152%
ADX / DI 방향성
period=29, threshold=30
1.0%-26.3%0.190.041.3x224%
Parabolic SAR
step=0.005, maxStep=0.34
0.7%-65.0%0.140.011.2x22153%
Buy and hold12.0%-67.6%0.530.1822.6x1100%
1x 10x 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -34% -51% -68% 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -30.4% (2024-04-05 → 2026-05-13), prior peak not yet recovered.

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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