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Trend-Following Backtester · Guide · backtest 한국어

equity · GB

National Grid plc backtest

10 trend-following strategies were compared on the full daily history of National Grid plc. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 1995-12-11 ~ 2026-07-31daily bars 7,825 (30.6 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 4.9%, drawdown -43.4%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 4.8%, MDD -44.3%, Sharpe 0.31, 100% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
Hold-like · Exposure 100%
n=5, threshold=-0.15
4.8%-44.3%0.310.114.2x7100%
SMA 크로스오버
fast=75, slow=175
3.1%-48.5%0.250.062.5x3961%
ADX / DI 방향성
period=35, threshold=39
1.1%-12.6%0.240.091.4x164%
EMA 크로스오버
fast=49, slow=227
2.6%-56.7%0.230.052.2x3563%
Donchian 채널 돌파
entryN=87, exitN=104
2.3%-55.3%0.210.042.0x3162%
Supertrend
period=22, mult=4.6
-3.3%-76.7%-0.04-0.040.4x15257%
Parabolic SAR
step=0.005, maxStep=0.16
-3.4%-68.2%-0.08-0.050.3x24649%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=27, mult=4
-2.1%-53.6%-0.20-0.040.5x588%
볼린저 밴드 돌파
n=48, k=3.5
-2.6%-61.9%-0.24-0.040.5x245%
MACD
fast=18, slow=30, signal=19
-11.0%-97.8%-0.47-0.110.0x44052%
Buy and hold4.9%-43.4%0.310.114.4x1100%
1x 1996 2000 2004 2008 2012 2016 2020 2024 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -11% -22% -33% -44% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -44.3% (2008-01-10 → 2009-03-30), recovered after 1,938 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 carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupMore GB assetsAll asset reports

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