Trend-Following Backtester · Guide · backtest 한국어

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Banco di Desio e della Brianza S.p.A. backtest

10 trend-following strategies were compared on the full daily history of Banco di Desio e della Brianza S.p.A.. 4 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 9.1%, MDD -45.3%).

Data 1995-05-11 ~ 2026-07-31daily bars 8,001 (31.2 years)Costs 0.5%Venue MILMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 8.2%, drawdown -84.4%).

Sharpe leader (same as main): Supertrend — CAGR 10.4%, MDD -63.3%, Sharpe 0.56, 50% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 2.2%p higher than buy and hold, while drawdown improves by 21.1%p (CAGR 9.1%, MDD -45.3%, exposure 53%).

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=27, mult=5
10.4%-63.3%0.560.1622.2x6150%
SMA 크로스오버
fast=29, slow=100
10.0%-64.0%0.540.1619.4x8348%
Donchian 채널 돌파
entryN=74, exitN=53
10.0%-56.0%0.530.1819.4x4950%
Keltner 채널 돌파
emaPeriod=54, atrPeriod=27, mult=3.5
7.4%-44.9%0.530.169.2x5720%
EMA 크로스오버
fast=39, slow=200
9.1%-45.3%0.490.2015.1x4353%
볼린저 밴드 돌파
n=56, k=2.8
6.9%-42.7%0.480.167.9x7524%
ADX / DI 방향성
period=40, threshold=19
5.3%-28.3%0.450.195.0x7316%
ROC 모멘텀
n=100, threshold=0.04
6.6%-59.2%0.410.117.4x25741%
Parabolic SAR
step=0.005, maxStep=0.08
4.6%-66.7%0.320.074.1x22151%
MACD
fast=19, slow=59, signal=17
-0.3%-80.9%0.09-0.000.9x35350%
Buy and hold8.2%-84.4%0.410.1011.8x1100%
1x 10x 1996 2000 2004 2008 2012 2016 2020 2024 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -42% -63% -84% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdSupertrend
Supertrend maximum drawdown -63.3% (2007-02-13 → 2012-12-11), recovered after 4,713 days.

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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