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Trend-Following Backtester · Guide · backtest 한국어

etf · GB

Invesco Global Equity Income Trust plc Global Equity IncomeGBP backtest

10 trend-following strategies were compared on the full daily history of Invesco Global Equity Income Trust plc Global Equity IncomeGBP. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester.

Data 2006-11-23 ~ 2026-07-31daily bars 4,973 (19.7 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 7.4%, drawdown -37.1%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 7.8%, MDD -30.2%, Sharpe 0.68, 93% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
ROC 모멘텀
n=30, threshold=-0.06
7.8%-30.2%0.680.264.4x6593%
Donchian 채널 돌파
entryN=8, exitN=128
6.9%-36.3%0.570.193.7x3595%
SMA 크로스오버
fast=6, slow=198
5.0%-25.0%0.510.202.6x5368%
MACD
fast=19, slow=34, signal=10
4.2%-18.0%0.480.232.2x23949%
EMA 크로스오버
fast=26, slow=84
4.6%-19.9%0.470.232.4x5570%
Supertrend
period=24, mult=4.6
3.5%-28.5%0.370.122.0x13173%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=26, mult=2.6
1.6%-17.4%0.330.091.4x8616%
볼린저 밴드 돌파
n=17, k=1.6
2.1%-36.2%0.290.061.5x23144%
Parabolic SAR
step=0.02, maxStep=0.28
0.5%-27.5%0.100.021.1x40157%
ADX / DI 방향성
period=13, threshold=31
0.1%-10.4%0.060.011.0x546%
Buy and hold7.4%-37.1%0.570.204.1x1100%
1x 2007 2010 2013 2016 2019 2022 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -9% -19% -28% -37% 2007 2010 2013 2016 2019 2022 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -30.2% (2007-10-19 → 2008-11-21), recovered after 697 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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