Trend-Following Backtester · Guide · backtest 한국어

equity · DK

Ringkjobing Landbobank A/S backtest

10 trend-following strategies were compared on the full daily history of Ringkjobing Landbobank A/S. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 2001-01-08 ~ 2026-07-31daily bars 6,441 (25.6 years)Costs 0.5%Venue OMXCOPMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 17.4%, drawdown -81.9%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 5.3%, MDD -12.4%, Sharpe 0.81, 14% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 9.9%, MDD -83.6%, exposure 75%.

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=60, threshold=20
5.3%-12.4%0.810.433.8x614%
SMA 크로스오버
fast=29, slow=188
9.9%-83.6%0.610.1211.2x2775%
EMA 크로스오버
fast=32, slow=181
9.3%-83.9%0.580.119.7x2978%
Donchian 채널 돌파
entryN=21, exitN=72
8.5%-84.3%0.530.108.1x5384%
ROC 모멘텀
n=135, threshold=0.05
5.7%-82.8%0.450.074.1x12764%
볼린저 밴드 돌파
n=41, k=1.6
3.7%-84.9%0.370.042.6x14346%
Supertrend
period=27, mult=4.4
3.4%-84.9%0.350.042.4x9165%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=29, mult=3.9
2.1%-82.9%0.310.031.7x6535%
Parabolic SAR
step=0.015, maxStep=0.1
9.1%-85.0%0.280.119.4x35058%
MACD
fast=7, slow=24, signal=14
2.8%-85.0%0.200.032.0x51250%
Buy and hold17.4%-81.9%0.370.2159.8x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -21% -42% -63% -84% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -12.4% (2003-05-29 → 2003-06-16), recovered after 70 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

Read next