Trend-Following Backtester · Guide · backtest 한국어

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Siemens Healthineers AG backtest

10 trend-following strategies were compared on the full daily history of Siemens Healthineers AG. 1 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 2.2%, MDD -16.1%).

Data 2018-04-12 ~ 2026-07-31daily bars 2,109 (8.3 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 1.5%, drawdown -50.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 2.2%, MDD -16.1%, Sharpe 0.28, 15% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.7%p higher than buy and hold, while drawdown improves by 34.2%p (CAGR 2.2%, MDD -16.1%, exposure 15%).

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=63, exitN=6
2.2%-16.1%0.280.131.2x2715%
Keltner 채널 돌파
emaPeriod=13, atrPeriod=23, mult=3.5
0.3%-3.2%0.160.081.0x21%
볼린저 밴드 돌파
n=58, k=2.5
0.5%-32.3%0.100.021.0x1716%
Supertrend
period=14, mult=2.2
-1.9%-53.1%-0.01-0.040.9x8951%
SMA 크로스오버
fast=36, slow=57
-1.5%-48.8%-0.01-0.030.9x4550%
ADX / DI 방향성
period=24, threshold=17
-1.0%-27.3%-0.05-0.040.9x4018%
MACD
fast=17, slow=25, signal=14
-3.1%-44.2%-0.07-0.070.8x11352%
ROC 모멘텀
n=30, threshold=0.06
-1.8%-45.3%-0.08-0.040.9x9521%
EMA 크로스오버
fast=20, slow=90
-4.8%-44.1%-0.21-0.110.7x3046%
Parabolic SAR
step=0.02, maxStep=0.08
-7.8%-62.6%-0.34-0.120.5x14753%
Buy and hold1.5%-50.3%0.190.031.1x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -13% -25% -38% -50% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -16.1% (2021-12-09 → 2026-07-31), 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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