Trend-Following Backtester · Guide · backtest 한국어

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JOST Werke SE backtest

10 trend-following strategies were compared on the full daily history of JOST Werke SE. 0 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2017-07-20 ~ 2026-07-31daily bars 2,294 (9.0 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 8.2%, drawdown -57.5%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 6.1%, MDD -14.7%, Sharpe 0.72, 8% exposure.

CAGR reference leader: Supertrend — CAGR 7.1%, MDD -48.4%, exposure 54%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
Keltner 채널 돌파
emaPeriod=14, atrPeriod=21, mult=3
6.1%-14.7%0.720.411.7x108%
Supertrend
period=15, mult=2.8
7.1%-48.4%0.400.151.9x6954%
ADX / DI 방향성
period=25, threshold=38
1.6%-15.2%0.350.101.1x43%
볼린저 밴드 돌파
n=34, k=3.3
2.5%-19.5%0.340.131.2x45%
ROC 모멘텀
n=59, threshold=0.11
3.1%-28.9%0.270.111.3x7226%
SMA 크로스오버
fast=32, slow=54
2.3%-47.5%0.210.051.2x5852%
Donchian 채널 돌파
entryN=22, exitN=16
2.3%-53.8%0.210.041.2x5348%
MACD
fast=13, slow=52, signal=13
2.2%-58.6%0.210.041.2x11950%
Parabolic SAR
step=0.015, maxStep=0.36
2.0%-51.2%0.200.041.2x16154%
EMA 크로스오버
fast=31, slow=37
-0.6%-50.3%0.09-0.010.9x4550%
Buy and hold8.2%-57.5%0.400.142.0x1100%
1x 2018 2020 2022 2024 2026 SupertrendKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -14% -29% -43% -57% 2018 2020 2022 2024 2026 Buy and holdSupertrendKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -14.7% (2019-12-17 → 2022-11-16), recovered after 2,246 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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