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Trend-Following Backtester · Guide · backtest 한국어

etf · GB

Biotech Growth Trust PLC backtest

10 trend-following strategies were compared on the full daily history of Biotech Growth Trust PLC. 8 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 11.1%, MDD -35.8%).

Data 1997-06-23 ~ 2026-07-31daily bars 7,425 (29.1 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 10.0%, drawdown -84.1%).

Sharpe leader (same as main): Supertrend — CAGR 15.8%, MDD -37.2%, Sharpe 0.89, 57% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.8%p higher than buy and hold, while drawdown improves by 46.8%p (CAGR 11.1%, MDD -35.8%, exposure 30%).

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=11, mult=4.7
15.8%-37.2%0.890.4271.5x11957%
볼린저 밴드 돌파
n=12, k=2
11.1%-35.8%0.820.3121.5x32330%
Keltner 채널 돌파
emaPeriod=29, atrPeriod=15, mult=1.6
12.0%-39.7%0.800.3027.0x19540%
Donchian 채널 돌파
entryN=37, exitN=26
12.6%-51.8%0.740.2431.7x9752%
ADX / DI 방향성
period=13, threshold=33
8.1%-30.7%0.690.279.7x15920%
ROC 모멘텀
n=150, threshold=-0.04
13.2%-50.4%0.660.2636.5x11365%
Parabolic SAR
step=0.035, maxStep=0.2
11.4%-77.2%0.650.1523.2x71353%
SMA 크로스오버
fast=31, slow=156
12.5%-47.1%0.650.2630.5x4558%
EMA 크로스오버
fast=42, slow=128
12.3%-47.1%0.640.2629.6x4958%
MACD
fast=16, slow=36, signal=13
9.0%-61.8%0.560.1512.3x34452%
Buy and hold10.0%-84.1%0.480.1215.9x1100%
1x 10x 1998 2002 2006 2010 2014 2018 2022 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -42% -63% -84% 1998 2002 2006 2010 2014 2018 2022 2026 Buy and holdSupertrend
Supertrend maximum drawdown -37.2% (2000-03-06 → 2001-10-01), recovered after 1,437 days.

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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