Trend-Following Backtester · Guide · backtest 한국어

equity · GB

James Halstead plc backtest

10 trend-following strategies were compared on the full daily history of James Halstead plc. 4 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 9.4%, MDD -36.5%).

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

4 of 10 beat buy and hold (CAGR 7.6%, drawdown -63.2%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 4.5%, MDD -15.4%, Sharpe 0.78, 15% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 9.4%, MDD -36.5%, exposure 58%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 3.1%p lower than buy and hold, while drawdown improves by 47.9%p (CAGR 9.4%, MDD -36.5%, exposure 58%).

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
ADX / DI 방향성
period=47, threshold=31
4.5%-15.4%0.780.295.4x2815%
Keltner 채널 돌파
emaPeriod=44, atrPeriod=10, mult=4
5.5%-17.0%0.770.327.6x6423%
SMA 크로스오버
fast=58, slow=185
9.4%-36.5%0.590.2630.1x4258%
Donchian 채널 돌파
entryN=94, exitN=88
9.3%-49.7%0.590.1930.0x3860%
EMA 크로스오버
fast=17, slow=265
9.3%-38.9%0.590.2429.4x4859%
Supertrend
period=34, mult=5
9.0%-48.2%0.550.1926.7x14362%
볼린저 밴드 돌파
n=41, k=3.2
3.2%-48.9%0.400.073.3x7018%
ROC 모멘텀
n=129, threshold=0.05
3.9%-79.3%0.320.054.3x28449%
Parabolic SAR
step=0.01, maxStep=0.1
2.6%-86.5%0.230.032.7x40054%
MACD
fast=18, slow=42, signal=16
-2.8%-94.3%-0.07-0.030.3x44848%
Buy and hold7.6%-63.2%0.410.1216.2x1100%
1x 10x 1989 1994 1999 2004 2009 2014 2019 2024 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -16% -32% -47% -63% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -15.4% (2007-02-27 → 2007-03-05), recovered after 44 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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