Trend-Following Backtester · Guide · backtest 한국어

equity · PL

Digital Network S.A backtest

10 trend-following strategies were compared on the full daily history of Digital Network S.A. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 25.1%, MDD -37.1%).

Data 2010-12-20 ~ 2026-07-31daily bars 3,997 (15.6 years)Costs 0.5%Venue GPWMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 21.0%, drawdown -87.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 30.4%, MDD -47.6%, Sharpe 1.00, 48% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 31.8%, MDD -43.6%, exposure 55%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 9.4%p higher than buy and hold, while drawdown improves by 39.7%p (CAGR 25.1%, MDD -37.1%, exposure 40%).

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=52, exitN=25
30.4%-47.6%1.000.6463.0x3348%
SMA 크로스오버
fast=63, slow=193
31.8%-43.6%0.950.7374.9x1755%
Supertrend
period=29, mult=4.4
28.0%-46.3%0.930.6147.5x4150%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=29, mult=1.9
25.6%-57.1%0.910.4535.1x5343%
EMA 크로스오버
fast=50, slow=176
29.4%-44.0%0.910.6756.1x1357%
볼린저 밴드 돌파
n=48, k=1.7
25.1%-37.1%0.900.6832.9x6940%
ROC 모멘텀
n=99, threshold=0.1
23.7%-43.4%0.810.5527.6x9746%
ADX / DI 방향성
period=46, threshold=4
18.3%-50.8%0.720.3613.9x12336%
Parabolic SAR
step=0.015, maxStep=0.24
15.6%-61.6%0.600.259.6x22153%
MACD
fast=13, slow=24, signal=14
5.4%-86.2%0.320.062.3x26250%
Buy and hold21.0%-87.2%0.640.2419.5x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -44% -65% -87% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -47.6% (2018-06-11 → 2020-10-30), recovered after 998 days.

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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