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Trend-Following Backtester · Guide · backtest 한국어

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ICG Enterprise Trust PLC GBP backtest

10 trend-following strategies were compared on the full daily history of ICG Enterprise Trust PLC GBP. 2 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 12.2%, MDD -44.4%).

Data 1981-09-30 ~ 2026-07-31daily bars 11,528 (44.8 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 10.8%, drawdown -70.8%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 6.6%, MDD -57.0%, Sharpe 0.69, 25% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 12.2%, MDD -44.4%, exposure 94%.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 4.2%p lower than buy and hold, while drawdown improves by 13.8%p (CAGR 12.2%, MDD -44.4%, exposure 94%).

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=18, atrPeriod=13, mult=3.6
6.6%-57.0%0.690.1217.4x15225%
ROC 모멘텀
n=28, threshold=-0.09
12.2%-44.4%0.650.27172.9x14994%
Donchian 채널 돌파
entryN=17, exitN=45
11.5%-51.4%0.640.22130.0x18378%
ADX / DI 방향성
period=39, threshold=25
6.2%-50.1%0.640.1214.6x10232%
Parabolic SAR
step=0.015, maxStep=0.32
7.7%-52.4%0.540.1527.7x55157%
EMA 크로스오버
fast=24, slow=133
7.2%-55.4%0.510.1322.5x9170%
Supertrend
period=26, mult=5
7.7%-73.6%0.510.1128.2x21863%
SMA 크로스오버
fast=18, slow=184
6.2%-52.2%0.460.1215.0x8669%
볼린저 밴드 돌파
n=29, k=2.7
4.4%-50.6%0.440.096.8x19929%
MACD
fast=13, slow=22, signal=18
4.2%-70.1%0.320.066.3x60950%
Buy and hold10.8%-70.8%0.550.1599.7x1100%
1x 10x 100x 1982 1988 1994 2000 2006 2012 2018 2024 ROC 모멘텀Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -18% -35% -53% -71% 1982 1988 1994 2000 2006 2012 2018 2024 Buy and holdROC 모멘텀Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -57.0% (1984-02-28 → 1989-01-12), recovered after 3,454 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.
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