Trend-Following Backtester · Guide · backtest 한국어

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Allwyn AG backtest

10 trend-following strategies were compared on the full daily history of Allwyn AG. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 4.1%, MDD -37.4%).

Data 2001-04-25 ~ 2026-07-31daily bars 6,364 (25.3 years)Costs 0.5%Venue ATHEXMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 3.4%, drawdown -89.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 4.1%, MDD -37.4%, Sharpe 0.31, 34% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 4.5%, MDD -57.5%, exposure 54%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.7%p higher than buy and hold, while drawdown improves by 52.0%p (CAGR 4.1%, MDD -37.4%, exposure 34%).

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=112, exitN=40
4.1%-37.4%0.310.112.8x4434%
SMA 크로스오버
fast=47, slow=171
4.5%-57.5%0.310.083.0x4054%
EMA 크로스오버
fast=31, slow=110
4.3%-74.6%0.300.062.9x6656%
ROC 모멘텀
n=119, threshold=-0.03
2.2%-77.6%0.210.031.7x21461%
Parabolic SAR
step=0.005, maxStep=0.26
1.1%-80.7%0.170.011.3x19453%
ADX / DI 방향성
period=37, threshold=26
0.6%-14.1%0.160.041.2x83%
Keltner 채널 돌파
emaPeriod=26, atrPeriod=15, mult=4
0.9%-28.3%0.150.031.2x266%
볼린저 밴드 돌파
n=41, k=3.5
0.6%-17.5%0.130.041.2x144%
Supertrend
period=17, mult=2.5
-1.1%-79.2%0.08-0.010.8x21454%
MACD
fast=16, slow=34, signal=18
-4.7%-93.0%-0.06-0.050.3x32851%
Buy and hold3.4%-89.4%0.280.042.4x1100%
1x 2002 2006 2010 2014 2018 2022 2026 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -45% -67% -89% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -37.4% (2006-02-09 → 2013-11-26), recovered after 4,109 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 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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