Trend-Following Backtester · Guide · backtest 한국어

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Mowi ASA backtest

10 trend-following strategies were compared on the full daily history of Mowi ASA. 10 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 4.2%, MDD -32.0%).

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

10 of 10 beat buy and hold (CAGR -12.2%, drawdown -100.0%).

Sharpe leader (same as main): Supertrend — CAGR 16.3%, MDD -58.5%, Sharpe 0.61, 53% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 28.5%p higher than buy and hold, while drawdown improves by 41.5%p (CAGR 4.2%, MDD -32.0%, exposure 3%).

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=8, mult=4.2
16.3%-58.5%0.610.2855.4x9753%
SMA 크로스오버
fast=28, slow=69
12.4%-84.3%0.510.1522.5x8657%
EMA 크로스오버
fast=25, slow=53
10.9%-71.6%0.480.1515.5x8856%
볼린저 밴드 돌파
n=35, k=2.5
6.9%-68.0%0.400.105.9x10222%
Donchian 채널 돌파
entryN=67, exitN=34
8.2%-66.3%0.390.128.1x6846%
Keltner 채널 돌파
emaPeriod=14, atrPeriod=27, mult=3.6
4.2%-32.0%0.380.133.0x203%
ADX / DI 방향성
period=16, threshold=34
5.2%-48.8%0.330.113.9x647%
ROC 모멘텀
n=131, threshold=-0.04
-0.0%-95.0%0.17-0.001.0x20064%
MACD
fast=24, slow=59, signal=21
-8.8%-99.8%0.12-0.090.1x23751%
Parabolic SAR
step=0.005, maxStep=0.26
-2.5%-94.3%0.11-0.030.5x21551%
Buy and hold-12.2%-100.0%0.19-0.120.0x1100%
0.01 0.1 1x 10x 2001 2005 2009 2013 2017 2021 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrend
Supertrend maximum drawdown -58.5% (2003-05-19 → 2005-05-31), recovered after 1,012 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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