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Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Alfa Financial Software Holdings Plc backtest

10 trend-following strategies were compared on the full daily history of Alfa Financial Software Holdings Plc. 10 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR -0.1%, MDD -37.5%).

Data 2017-05-26 ~ 2026-07-31daily bars 2,320 (9.2 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -10.0%, drawdown -90.4%).

Sharpe leader (same as main): Supertrend — CAGR 4.9%, MDD -56.8%, Sharpe 0.31, 59% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 14.9%p higher than buy and hold, while drawdown improves by 33.5%p (CAGR -0.1%, MDD -37.5%, exposure 7%).

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
Supertrend
period=17, mult=4.5
4.9%-56.8%0.310.091.5x2259%
SMA 크로스오버
fast=16, slow=293
3.2%-52.6%0.250.061.3x1444%
EMA 크로스오버
fast=17, slow=214
2.3%-51.9%0.220.051.2x1644%
Keltner 채널 돌파
emaPeriod=36, atrPeriod=14, mult=1.9
-0.4%-44.9%0.09-0.011.0x4326%
Donchian 채널 돌파
entryN=25, exitN=46
-1.9%-56.1%0.09-0.030.8x2957%
MACD
fast=15, slow=34, signal=20
-2.6%-70.7%0.07-0.040.8x10350%
볼린저 밴드 돌파
n=32, k=3.5
-0.1%-37.5%0.06-0.001.0x127%
Parabolic SAR
step=0.03, maxStep=0.32
-5.2%-64.1%-0.02-0.080.6x24049%
ADX / DI 방향성
period=28, threshold=20
-3.3%-47.6%-0.07-0.070.7x3015%
ROC 모멘텀
n=78, threshold=0.06
-5.7%-61.8%-0.11-0.090.6x11133%
Buy and hold-10.0%-90.4%0.03-0.110.4x1100%
1x 2018 2020 2022 2024 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -45% -68% -90% 2018 2020 2022 2024 2026 Buy and holdSupertrend
Supertrend maximum drawdown -56.8% (2021-11-09 → 2024-04-22), prior peak not yet recovered.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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 setupMore GB assetsAll asset reports

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