Trend-Following Backtester · Guide · backtest 한국어

equity · GB

International Workplace Group PLC backtest

10 trend-following strategies were compared on the full daily history of International Workplace Group PLC. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 4.5%, MDD -28.6%).

Data 2001-08-06 ~ 2026-07-31daily bars 6,350 (25.0 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 5.1%, drawdown -94.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 19.0%, MDD -64.0%, Sharpe 0.59, 74% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 14.0%p higher than buy and hold, while drawdown improves by 30.8%p (CAGR 4.5%, MDD -28.6%, exposure 5%).

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
Donchian 채널 돌파
entryN=12, exitN=44
19.0%-64.0%0.590.3077.8x10174%
ROC 모멘텀
n=106, threshold=0.01
11.7%-63.9%0.500.1815.8x17254%
Supertrend
period=21, mult=4.3
11.4%-60.8%0.470.1914.8x8753%
SMA 크로스오버
fast=17, slow=132
10.8%-50.7%0.470.2113.0x6055%
MACD
fast=16, slow=38, signal=11
9.3%-81.0%0.410.119.2x32750%
볼린저 밴드 돌파
n=12, k=2.9
4.5%-28.6%0.400.163.0x425%
ADX / DI 방향성
period=29, threshold=39
3.3%-18.3%0.380.182.2x81%
Parabolic SAR
step=0.04, maxStep=0.08
7.0%-76.6%0.350.095.5x50954%
EMA 크로스오버
fast=35, slow=57
6.4%-62.4%0.350.104.7x7357%
Keltner 채널 돌파
emaPeriod=14, atrPeriod=21, mult=3.9
3.0%-24.8%0.290.122.1x265%
Buy and hold5.1%-94.8%0.370.053.4x1100%
0.1 1x 10x 100x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -64.0% (2020-12-29 → 2023-11-08), prior peak not yet recovered.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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