Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Hunting PLC backtest

10 trend-following strategies were compared on the full daily history of Hunting PLC. 10 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 4.7%, MDD -12.8%).

Data 1988-07-01 ~ 2026-07-31daily bars 9,766 (38.1 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 2.8%, drawdown -87.4%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 4.7%, MDD -12.8%, Sharpe 0.77, 10% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 12.1%, MDD -73.3%, exposure 72%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 1.9%p higher than buy and hold, while drawdown improves by 74.6%p (CAGR 4.7%, MDD -12.8%, exposure 10%).

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
Keltner 채널 돌파
emaPeriod=14, atrPeriod=18, mult=4
4.7%-12.8%0.770.375.7x8010%
Donchian 채널 돌파
entryN=26, exitN=68
12.1%-73.3%0.530.1777.6x8972%
SMA 크로스오버
fast=22, slow=65
9.5%-56.5%0.470.1732.1x14055%
볼린저 밴드 돌파
n=18, k=3
4.7%-31.7%0.470.155.8x13014%
Supertrend
period=19, mult=4.8
8.8%-72.6%0.450.1224.7x18256%
EMA 크로스오버
fast=10, slow=37
7.6%-73.2%0.410.1016.4x23055%
ADX / DI 방향성
period=34, threshold=9
6.8%-77.0%0.380.0912.1x35654%
ROC 모멘텀
n=45, threshold=-0.03
7.1%-79.4%0.380.0913.7x44262%
Parabolic SAR
step=0.015, maxStep=0.14
3.6%-87.5%0.260.043.9x57451%
MACD
fast=23, slow=52, signal=19
3.0%-89.1%0.240.033.1x34152%
Buy and hold2.8%-87.4%0.270.032.9x1100%
1x 10x 100x 1989 1994 1999 2004 2009 2014 2019 2024 Donchian 채널 돌파Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -22% -44% -66% -87% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdDonchian 채널 돌파Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -12.8% (1989-09-22 → 1992-04-17), recovered after 1,203 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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