Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Savills plc backtest

10 trend-following strategies were compared on the full daily history of Savills plc. 3 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 14.0%, MDD -48.3%).

Data 1988-07-20 ~ 2026-07-31daily bars 9,753 (38.0 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 11.3%, drawdown -83.3%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 6.8%, MDD -39.8%, Sharpe 0.50, 26% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 14.9%, MDD -56.4%, exposure 58%.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 4.5%p lower than buy and hold, while drawdown improves by 43.5%p (CAGR 14.0%, MDD -48.3%, 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
Keltner 채널 돌파
emaPeriod=48, atrPeriod=21, mult=4
6.8%-39.8%0.500.1712.3x8826%
Supertrend
period=22, mult=1.7
8.8%-76.8%0.480.1124.7x51755%
볼린저 밴드 돌파
n=44, k=2.6
5.9%-38.7%0.440.159.0x10727%
ADX / DI 방향성
period=36, threshold=37
2.9%-21.4%0.410.143.0x165%
ROC 모멘텀
n=97, threshold=0.06
6.1%-74.7%0.390.089.5x32445%
SMA 크로스오버
fast=40, slow=216
14.9%-56.4%0.380.26197.1x5458%
Donchian 채널 돌파
entryN=15, exitN=71
14.0%-78.3%0.380.18147.5x9781%
EMA 크로스오버
fast=46, slow=202
14.0%-48.3%0.370.29148.2x3658%
Parabolic SAR
step=0.015, maxStep=0.18
9.2%-86.8%0.290.1128.3x55750%
MACD
fast=13, slow=55, signal=14
3.7%-83.0%0.200.044.0x47354%
Buy and hold11.3%-83.3%0.350.1458.6x1100%
1x 10x 100x 1989 1994 1999 2004 2009 2014 2019 2024 SMA 크로스오버Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -21% -42% -62% -83% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdSMA 크로스오버Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -39.8% (1998-06-08 → 1999-02-03), recovered after 581 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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