Trend-Following Backtester · Guide · backtest 한국어

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Ambu A/S Class B backtest

10 trend-following strategies were compared on the full daily history of Ambu A/S Class B. 2 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 2004-02-11 ~ 2026-07-31daily bars 5,639 (22.5 years)Costs 0.5%Venue OMXCOPMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 16.6%, drawdown -83.8%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.2%, MDD -6.4%, Sharpe 0.47, 1% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 20.7%, MDD -85.9%, exposure 73%.

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
ADX / DI 방향성
period=37, threshold=38
2.2%-6.4%0.470.341.6x21%
Donchian 채널 돌파
entryN=36, exitN=75
20.7%-85.9%0.430.2468.8x3573%
Supertrend
period=2, mult=5
4.3%-97.7%0.420.042.6x9161%
SMA 크로스오버
fast=58, slow=83
16.9%-85.9%0.400.2033.5x7260%
ROC 모멘텀
n=85, threshold=-0.01
13.3%-84.3%0.370.1616.4x19361%
EMA 크로스오버
fast=35, slow=61
10.1%-97.4%0.350.108.7x5361%
MACD
fast=14, slow=47, signal=19
-4.5%-91.9%0.19-0.050.4x26550%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=21, mult=1.4
-4.5%-98.1%0.18-0.050.4x14148%
Parabolic SAR
step=0.025, maxStep=0.12
-6.3%-93.1%0.17-0.070.2x46552%
볼린저 밴드 돌파
n=56, k=1
-4.9%-97.9%0.17-0.050.3x14148%
Buy and hold16.6%-83.8%0.410.2031.3x1100%
1x 10x 100x 2005 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -21% -43% -64% -86% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -6.4% (2005-02-07 → 2005-02-21), recovered after 17 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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