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Foresight Solar Fund Limited GBP backtest

10 trend-following strategies were compared on the full daily history of Foresight Solar Fund Limited GBP. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 0.4%, MDD -6.4%).

Data 2013-10-29 ~ 2026-07-31daily bars 3,223 (12.8 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -2.6%, drawdown -52.8%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.4%, MDD -6.4%, Sharpe 0.16, 3% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 3.0%p higher than buy and hold, while drawdown improves by 46.3%p (CAGR 0.4%, MDD -6.4%, 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=45, k=3.5
0.4%-6.4%0.160.061.0x43%
EMA 크로스오버
fast=47, slow=289
-0.8%-25.8%-0.06-0.030.9x1039%
SMA 크로스오버
fast=47, slow=109
-1.2%-36.6%-0.07-0.030.9x2951%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=29, mult=2.2
-0.7%-18.4%-0.07-0.040.9x3928%
Supertrend
period=12, mult=5
-1.3%-32.7%-0.09-0.040.9x2949%
ROC 모멘텀
n=104, threshold=0.11
-0.8%-18.8%-0.17-0.040.9x386%
ADX / DI 방향성
period=32, threshold=28
-0.4%-7.7%-0.18-0.051.0x143%
Donchian 채널 돌파
entryN=44, exitN=42
-2.2%-43.8%-0.19-0.050.8x3747%
Parabolic SAR
step=0.005, maxStep=0.18
-3.0%-38.8%-0.23-0.080.7x8953%
MACD
fast=18, slow=59, signal=12
-9.2%-72.4%-0.83-0.130.3x18249%
Buy and hold-2.6%-52.8%-0.09-0.050.7x1100%
1x 2014 2016 2018 2020 2022 2024 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -13% -26% -40% -53% 2014 2016 2018 2020 2022 2024 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -6.4% (2022-05-11 → 2022-06-14), prior peak not yet recovered.

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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