Trend-Following Backtester · Guide · backtest 한국어

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Italgas SpA backtest

10 trend-following strategies were compared on the full daily history of Italgas SpA. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester.

Data 2016-11-07 ~ 2026-07-31daily bars 2,471 (9.7 years)Costs 0.5%Venue MILMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 8.7%, drawdown -34.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 4.5%, MDD -29.5%, Sharpe 0.43, 32% exposure.

CAGR reference leader: Supertrend — CAGR 5.7%, MDD -38.5%, exposure 60%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
볼린저 밴드 돌파
n=55, k=2.3
4.5%-29.5%0.430.151.5x2832%
Donchian 채널 돌파
entryN=47, exitN=21
4.9%-24.3%0.430.201.6x3642%
Supertrend
period=27, mult=4.3
5.7%-38.5%0.420.151.7x3460%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=27, mult=2.5
3.3%-38.8%0.330.091.4x4035%
MACD
fast=24, slow=53, signal=19
3.7%-37.8%0.320.101.4x8450%
ADX / DI 방향성
period=18, threshold=33
1.6%-12.0%0.300.131.2x146%
ROC 모멘텀
n=121, threshold=0.11
1.9%-40.2%0.220.051.2x8630%
SMA 크로스오버
fast=27, slow=110
1.7%-57.6%0.180.031.2x2858%
EMA 크로스오버
fast=22, slow=44
1.4%-49.4%0.160.031.1x5462%
Parabolic SAR
step=0.015, maxStep=0.14
-0.7%-55.0%0.04-0.010.9x18055%
Buy and hold8.7%-34.7%0.470.252.2x1100%
1x 2017 2019 2021 2023 2025 Supertrend볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -10% -19% -29% -38% 2017 2019 2021 2023 2025 Buy and holdSupertrend볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -29.5% (2019-07-15 → 2024-09-19), recovered after 2,299 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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