Trend-Following Backtester · Guide · backtest 한국어

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SpareBank 1 Nord-Norge backtest

10 trend-following strategies were compared on the full daily history of SpareBank 1 Nord-Norge. 0 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 8.6%, MDD -29.6%).

Data 2003-01-02 ~ 2026-07-31daily bars 5,954 (23.6 years)Costs 0.5%Venue OSLMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.0%, drawdown -75.2%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 7.6%, MDD -35.8%, Sharpe 0.60, 30% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 9.0%, MDD -35.1%, exposure 60%.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 1.4%p lower than buy and hold, while drawdown improves by 39.4%p (CAGR 8.6%, MDD -29.6%, exposure 61%).

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
Keltner 채널 돌파
emaPeriod=55, atrPeriod=28, mult=3.9
7.6%-35.8%0.600.215.6x4830%
SMA 크로스오버
fast=19, slow=109
9.0%-35.1%0.530.267.6x5960%
EMA 크로스오버
fast=36, slow=59
8.6%-29.6%0.520.297.0x6761%
볼린저 밴드 돌파
n=57, k=2.6
6.2%-27.9%0.510.224.1x5429%
Donchian 채널 돌파
entryN=63, exitN=55
7.2%-33.5%0.460.215.1x4855%
Supertrend
period=29, mult=4.5
6.6%-60.4%0.430.114.5x7759%
Parabolic SAR
step=0.005, maxStep=0.3
3.6%-50.9%0.280.072.3x18555%
ROC 모멘텀
n=89, threshold=0.09
2.9%-58.6%0.260.052.0x23236%
ADX / DI 방향성
period=36, threshold=24
0.9%-9.7%0.240.101.2x145%
MACD
fast=19, slow=82, signal=31
2.2%-61.1%0.210.041.7x17752%
Buy and hold9.0%-75.2%0.440.127.6x1100%
1x 2004 2007 2010 2013 2016 2019 2022 2025 SMA 크로스오버Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -19% -38% -56% -75% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdSMA 크로스오버Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -35.8% (2004-12-24 → 2009-04-14), recovered after 1,648 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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