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Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Rolls-Royce Holdings plc backtest

10 trend-following strategies were compared on the full daily history of Rolls-Royce Holdings plc. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 10.4%, MDD -57.3%).

Data 1988-07-01 ~ 2026-07-31daily bars 9,765 (38.1 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 6.7%, drawdown -91.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.5%, MDD -64.3%, Sharpe 0.54, 54% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 10.7%, MDD -58.6%, exposure 59%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 3.8%p higher than buy and hold, while drawdown improves by 26.9%p (CAGR 10.4%, MDD -57.3%, exposure 59%).

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=69, exitN=59
10.5%-64.3%0.540.1644.9x6554%
EMA 크로스오버
fast=44, slow=90
10.7%-58.6%0.530.1847.6x7959%
SMA 크로스오버
fast=18, slow=143
10.4%-57.3%0.520.1843.4x9559%
ADX / DI 방향성
period=30, threshold=32
2.6%-14.9%0.380.182.7x185%
ROC 모멘텀
n=123, threshold=-0.02
5.6%-78.8%0.340.077.9x30763%
볼린저 밴드 돌파
n=47, k=2.7
3.1%-51.5%0.270.063.2x9823%
Supertrend
period=24, mult=4.9
0.1%-97.7%0.160.001.0x17158%
Keltner 채널 돌파
emaPeriod=40, atrPeriod=24, mult=3.5
0.6%-85.1%0.150.011.3x10822%
Parabolic SAR
step=0.005, maxStep=0.32
-3.1%-96.4%0.06-0.030.3x31954%
MACD
fast=13, slow=54, signal=16
-5.3%-97.5%-0.02-0.050.1x51250%
Buy and hold6.7%-91.2%0.370.0711.6x1100%
1x 10x 1989 1994 1999 2004 2009 2014 2019 2024 EMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -23% -46% -68% -91% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdEMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -64.3% (1994-05-02 → 2003-05-21), recovered after 3,805 days.

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 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.
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