Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Saga plc backtest

10 trend-following strategies were compared on the full daily history of Saga plc. 10 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 10.2%, MDD -33.5%).

Data 2014-05-23 ~ 2026-07-31daily bars 3,081 (12.2 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -10.3%, drawdown -97.6%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 10.5%, MDD -43.0%, Sharpe 0.59, 30% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 11.5%, MDD -59.9%, exposure 64%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 20.8%p higher than buy and hold, while drawdown improves by 54.6%p (CAGR 10.2%, MDD -33.5%, exposure 17%).

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
EMA 크로스오버
fast=48, slow=266
10.5%-43.0%0.590.243.4x930%
ADX / DI 방향성
period=38, threshold=19
10.2%-33.5%0.560.303.3x2617%
SMA 크로스오버
fast=42, slow=183
11.2%-58.9%0.520.193.7x1743%
볼린저 밴드 돌파
n=27, k=1.1
11.1%-56.2%0.490.203.6x12137%
Donchian 채널 돌파
entryN=14, exitN=39
11.5%-59.9%0.470.193.8x4564%
Keltner 채널 돌파
emaPeriod=70, atrPeriod=29, mult=1.1
7.8%-62.9%0.400.122.5x5936%
ROC 모멘텀
n=13, threshold=0.06
6.3%-53.3%0.350.122.1x23422%
Supertrend
period=15, mult=2
5.1%-60.9%0.310.081.8x9644%
Parabolic SAR
step=0.015, maxStep=0.12
4.9%-76.6%0.310.061.8x22847%
MACD
fast=17, slow=37, signal=18
-2.7%-83.8%0.10-0.030.7x13351%
Buy and hold-10.3%-97.6%0.05-0.110.3x1100%
0.1 1x 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파EMA 크로스오버Buy and hold
EMA 크로스오버 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -24% -49% -73% -98% 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파EMA 크로스오버
EMA 크로스오버 maximum drawdown -43.0% (2015-07-01 → 2025-04-04), recovered after 3,704 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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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