Trend-Following Backtester · Guide · backtest 한국어

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Aker ASA Class A backtest

10 trend-following strategies were compared on the full daily history of Aker ASA Class A. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 11.2%, MDD -49.4%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,738 (26.6 years)Costs 0.5%Venue OSLMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 7.7%, drawdown -98.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 11.2%, MDD -55.0%, Sharpe 0.68, 32% exposure.

CAGR reference leader: Supertrend — CAGR 22.7%, MDD -75.7%, exposure 49%.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 3.5%p higher than buy and hold, while drawdown improves by 43.5%p (CAGR 11.2%, MDD -49.4%, exposure 35%).

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=114, exitN=27
11.2%-55.0%0.680.2017.0x4932%
ROC 모멘텀
n=111, threshold=0.12
11.2%-49.4%0.640.2317.0x15735%
EMA 크로스오버
fast=30, slow=134
11.7%-60.8%0.600.1919.0x5349%
볼린저 밴드 돌파
n=18, k=3.2
3.9%-17.3%0.570.222.8x224%
ADX / DI 방향성
period=28, threshold=21
5.5%-31.8%0.440.174.2x8619%
SMA 크로스오버
fast=44, slow=126
7.9%-75.1%0.440.107.5x5352%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=14, mult=3.5
1.4%-14.3%0.240.101.5x182%
Supertrend
period=11, mult=4.5
22.7%-75.7%0.230.30229.8x9449%
MACD
fast=15, slow=52, signal=18
16.5%-83.4%0.220.2057.7x29853%
Parabolic SAR
step=0.005, maxStep=0.32
13.1%-83.6%0.210.1626.6x21955%
Buy and hold7.7%-98.5%0.220.087.2x1100%
0.1 1x 10x 100x 2001 2005 2009 2013 2017 2021 2025 SupertrendDonchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -25% -49% -74% -98% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrendDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -55.0% (2021-11-10 → 2025-08-04), prior peak not yet recovered.

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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