Trend-Following Backtester · Guide · backtest 한국어

equity · PT

EDP S.A. backtest

10 trend-following strategies were compared on the full daily history of EDP S.A.. 3 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 1.0%, MDD -18.1%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,836 (26.6 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 1.1%, drawdown -66.7%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 1.0%, MDD -18.1%, Sharpe 0.25, 4% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 2.2%, MDD -57.0%, exposure 52%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 0.1%p lower than buy and hold, while drawdown improves by 48.7%p (CAGR 1.0%, MDD -18.1%, exposure 4%).

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
ADX / DI 방향성
period=32, threshold=34
1.0%-18.1%0.250.061.3x64%
SMA 크로스오버
fast=44, slow=142
2.2%-57.0%0.220.041.8x5152%
Donchian 채널 돌파
entryN=81, exitN=67
1.9%-67.5%0.200.031.6x3549%
EMA 크로스오버
fast=47, slow=143
1.9%-54.8%0.200.031.6x3950%
Supertrend
period=10, mult=4.8
0.9%-52.1%0.140.021.3x8350%
Keltner 채널 돌파
emaPeriod=48, atrPeriod=14, mult=3.9
0.5%-29.3%0.110.021.2x4413%
볼린저 밴드 돌파
n=24, k=3.4
0.1%-6.3%0.060.021.0x102%
ROC 모멘텀
n=127, threshold=-0.02
-3.2%-84.1%-0.11-0.040.4x22756%
Parabolic SAR
step=0.005, maxStep=0.36
-4.6%-81.9%-0.20-0.060.3x21651%
MACD
fast=17, slow=55, signal=18
-5.1%-81.5%-0.23-0.060.3x28250%
Buy and hold1.1%-66.7%0.170.021.3x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -17% -33% -50% -67% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -18.1% (2020-02-19 → 2020-03-10), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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