Trend-Following Backtester · Guide · backtest 한국어

equity · FR

Icade SA backtest

10 trend-following strategies were compared on the full daily history of Icade SA. 5 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.1%, MDD -15.2%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,829 (26.6 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR -0.7%, drawdown -87.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 3.2%, MDD -27.3%, Sharpe 0.37, 10% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 3.8%p higher than buy and hold, while drawdown improves by 60.2%p (CAGR 2.1%, MDD -15.2%, exposure 3%).

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=57, k=3.5
3.2%-27.3%0.370.122.3x1810%
ADX / DI 방향성
period=36, threshold=32
2.1%-15.2%0.370.141.7x83%
SMA 크로스오버
fast=57, slow=270
2.6%-61.7%0.230.042.0x3251%
EMA 크로스오버
fast=76, slow=217
2.1%-65.3%0.210.031.8x3052%
Donchian 채널 돌파
entryN=38, exitN=39
-0.2%-56.9%0.10-0.001.0x8652%
ROC 모멘텀
n=16, threshold=-0.08
-6.7%-90.2%-0.10-0.070.2x27590%
Supertrend
period=26, mult=4.6
-4.5%-83.1%-0.11-0.050.3x14653%
Keltner 채널 돌파
emaPeriod=32, atrPeriod=27, mult=4
-2.8%-79.3%-0.12-0.030.5x7217%
Parabolic SAR
step=0.015, maxStep=0.2
-8.8%-92.2%-0.28-0.100.1x42551%
MACD
fast=8, slow=41, signal=9
-10.9%-96.7%-0.35-0.110.0x55549%
Buy and hold-0.7%-87.4%0.15-0.010.8x1100%
1x 2001 2005 2009 2013 2017 2021 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -66% -87% 2001 2005 2009 2013 2017 2021 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -27.3% (2002-11-29 → 2004-06-02), recovered after 894 days.

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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