Trend-Following Backtester · Guide · backtest 한국어

equity · IT

Moncler SpA backtest

10 trend-following strategies were compared on the full daily history of Moncler SpA. 1 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 9.1%, MDD -22.4%).

Data 2013-12-16 ~ 2026-07-31daily bars 3,203 (12.6 years)Costs 0.5%Venue MILMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 9.8%, drawdown -46.6%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 9.1%, MDD -22.4%, Sharpe 0.63, 33% exposure.

CAGR reference leader: Supertrend — CAGR 10.1%, MDD -30.6%, exposure 58%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 0.7%p lower than buy and hold, while drawdown improves by 24.2%p (CAGR 9.1%, MDD -22.4%, exposure 33%).

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=56, k=2.5
9.1%-22.4%0.630.413.0x3433%
Supertrend
period=26, mult=5
10.1%-30.6%0.540.333.4x3458%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=13, mult=2.9
7.5%-28.5%0.540.272.5x4033%
SMA 크로스오버
fast=57, slow=126
9.3%-51.9%0.490.183.1x2459%
Donchian 채널 돌파
entryN=119, exitN=35
6.7%-35.5%0.470.192.3x2438%
EMA 크로스오버
fast=38, slow=72
6.3%-47.2%0.390.132.2x3858%
ADX / DI 방향성
period=23, threshold=25
3.7%-15.1%0.390.241.6x2815%
ROC 모멘텀
n=76, threshold=-0.02
4.9%-49.9%0.320.101.8x11860%
Parabolic SAR
step=0.015, maxStep=0.12
0.2%-36.1%0.120.011.0x20053%
MACD
fast=18, slow=51, signal=17
-4.0%-56.6%-0.08-0.070.6x14449%
Buy and hold9.8%-46.6%0.450.213.3x1100%
1x 2014 2016 2018 2020 2022 2024 2026 Supertrend볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -12% -23% -35% -47% 2014 2016 2018 2020 2022 2024 2026 Buy and holdSupertrend볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -22.4% (2015-05-13 → 2016-12-14), recovered after 692 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

Read next