Trend-Following Backtester · Guide · backtest 한국어

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Hypoport SE backtest

10 trend-following strategies were compared on the full daily history of Hypoport SE. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 15.3%, MDD -34.5%).

Data 2007-10-29 ~ 2026-07-31daily bars 4,762 (18.8 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 9.4%, drawdown -88.5%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 15.3%, MDD -34.5%, Sharpe 0.83, 20% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 23.3%, MDD -51.9%, exposure 50%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.9%p higher than buy and hold, while drawdown improves by 54.0%p (CAGR 15.3%, MDD -34.5%, exposure 20%).

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
볼린저 밴드 돌파
n=41, k=3
15.3%-34.5%0.830.4414.5x4020%
Donchian 채널 돌파
entryN=53, exitN=46
23.3%-51.9%0.820.4550.8x3450%
SMA 크로스오버
fast=11, slow=119
21.3%-53.5%0.750.4037.5x4953%
EMA 크로스오버
fast=53, slow=143
20.4%-59.4%0.710.3432.4x1857%
ROC 모멘텀
n=68, threshold=0.04
18.4%-52.2%0.690.3523.8x16847%
ADX / DI 방향성
period=34, threshold=31
6.5%-17.3%0.670.383.3x104%
Parabolic SAR
step=0.01, maxStep=0.16
15.7%-60.2%0.610.2615.5x21649%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=8, mult=3.6
8.8%-32.4%0.610.274.8x4813%
MACD
fast=14, slow=25, signal=18
14.9%-61.1%0.590.2413.6x25052%
Supertrend
period=12, mult=2.8
11.1%-69.1%0.480.167.3x17554%
Buy and hold9.4%-88.5%0.430.115.4x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -22% -44% -66% -89% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -34.5% (2023-02-16 → 2024-03-20), prior peak not yet recovered.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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