Trend-Following Backtester · Guide · backtest 한국어

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TwentyFour Income Fund Ltd GBP backtest

10 trend-following strategies were compared on the full daily history of TwentyFour Income Fund Ltd GBP. 3 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 0.5%, MDD -19.5%).

Data 2013-03-06 ~ 2026-07-31daily bars 3,387 (13.4 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 0.4%, drawdown -37.7%).

Sharpe leader (same as main): Supertrend — CAGR 0.9%, MDD -22.7%, Sharpe 0.16, 56% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 0.5%p higher than buy and hold, while drawdown improves by 15.0%p (CAGR 0.5%, MDD -19.5%, 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
Supertrend
period=10, mult=5
0.9%-22.7%0.160.041.1x2056%
Donchian 채널 돌파
entryN=45, exitN=78
0.8%-24.2%0.130.031.1x2468%
EMA 크로스오버
fast=54, slow=114
0.5%-19.5%0.110.031.1x2059%
ADX / DI 방향성
period=42, threshold=23
0.2%-8.5%0.090.021.0x87%
ROC 모멘텀
n=98, threshold=0.13
0.0%-3.2%0.020.011.0x61%
볼린저 밴드 돌파
n=25, k=3.5
-0.0%-3.4%-0.01-0.011.0x62%
SMA 크로스오버
fast=10, slow=196
-0.6%-20.9%-0.04-0.030.9x3855%
Keltner 채널 돌파
emaPeriod=21, atrPeriod=17, mult=2.5
-0.2%-7.4%-0.06-0.021.0x124%
Parabolic SAR
step=0.005, maxStep=0.12
-1.6%-33.8%-0.17-0.050.8x9156%
MACD
fast=30, slow=55, signal=50
-4.0%-46.3%-0.52-0.090.6x8448%
Buy and hold0.4%-37.7%0.100.011.1x1100%
1x 2014 2016 2018 2020 2022 2024 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -9% -19% -28% -38% 2014 2016 2018 2020 2022 2024 2026 Buy and holdSupertrend
Supertrend maximum drawdown -22.7% (2014-09-25 → 2020-07-31), prior peak not yet recovered.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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