Trend-Following Backtester · Guide · backtest 한국어

equity · GB

IP Group plc backtest

10 trend-following strategies were compared on the full daily history of IP Group plc. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 3.0%, MDD -12.9%).

Data 2003-10-15 ~ 2026-07-31daily bars 5,778 (22.8 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -0.3%, drawdown -86.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 7.0%, MDD -17.9%, Sharpe 0.67, 10% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 7.2%p higher than buy and hold, while drawdown improves by 69.0%p (CAGR 3.0%, MDD -12.9%, exposure 4%).

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=57, k=3.5
7.0%-17.9%0.670.394.6x1210%
Keltner 채널 돌파
emaPeriod=25, atrPeriod=19, mult=3
5.6%-36.1%0.500.153.4x3611%
ADX / DI 방향성
period=25, threshold=37
3.0%-12.9%0.500.231.9x124%
Donchian 채널 돌파
entryN=48, exitN=24
6.5%-55.8%0.410.124.2x5935%
EMA 크로스오버
fast=50, slow=205
4.7%-51.3%0.310.092.8x2345%
Supertrend
period=11, mult=2.1
3.7%-84.0%0.270.042.3x18647%
SMA 크로스오버
fast=44, slow=286
3.0%-61.7%0.240.051.9x2544%
ROC 모멘텀
n=130, threshold=0.05
1.9%-66.6%0.190.031.5x17740%
Parabolic SAR
step=0.015, maxStep=0.18
1.5%-86.3%0.190.021.4x40849%
MACD
fast=19, slow=43, signal=18
0.8%-75.3%0.170.011.2x24249%
Buy and hold-0.3%-86.9%0.20-0.000.9x1100%
1x 2004 2007 2010 2013 2016 2019 2022 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -87% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -17.9% (2012-07-10 → 2013-12-16), recovered after 588 days.

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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