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Trend-Following Backtester · Guide · backtest 한국어

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Amundi Euro Government Bond 7-10Y UCITS ETF Acc backtest

10 trend-following strategies were compared on the full daily history of Amundi Euro Government Bond 7-10Y UCITS ETF Acc. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 2009-01-02 ~ 2026-07-31daily bars 4,495 (17.6 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 2.3%, drawdown -22.5%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 0.9%, MDD -4.0%, Sharpe 0.61, 18% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 2.0%, MDD -22.2%, exposure 89%.

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=38, threshold=25
0.9%-4.0%0.610.241.2x1218%
EMA 크로스오버
fast=46, slow=274
1.7%-13.2%0.440.131.3x1372%
ROC 모멘텀
n=116, threshold=-0.04
2.0%-22.2%0.430.091.4x3789%
Donchian 채널 돌파
entryN=83, exitN=54
1.1%-13.4%0.360.081.2x3254%
볼린저 밴드 돌파
n=34, k=3.5
0.2%-2.8%0.250.081.0x64%
SMA 크로스오버
fast=59, slow=134
0.9%-14.7%0.250.061.2x3064%
Keltner 채널 돌파
emaPeriod=28, atrPeriod=23, mult=4
0.4%-9.8%0.190.041.1x4824%
Supertrend
period=9, mult=5
-0.2%-21.3%-0.03-0.011.0x8860%
MACD
fast=31, slow=62, signal=49
-1.2%-29.9%-0.29-0.040.8x9450%
Parabolic SAR
step=0.005, maxStep=0.18
-1.6%-28.4%-0.36-0.060.8x15261%
Buy and hold2.3%-22.5%0.430.101.5x1100%
1x 2010 2013 2016 2019 2022 2025 ROC 모멘텀ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -6% -11% -17% -23% 2010 2013 2016 2019 2022 2025 Buy and holdROC 모멘텀ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -4.0% (2013-05-02 → 2014-03-20), recovered after 400 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.
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