Trend-Following Backtester · Guide · backtest 한국어

equity · PT

EDP Renewables SA backtest

10 trend-following strategies were compared on the full daily history of EDP Renewables SA. 4 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 8.1%, MDD -31.4%).

Data 2008-06-04 ~ 2026-07-31daily bars 4,649 (18.2 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 3.3%, drawdown -73.3%).

Sharpe leader (same as main): Supertrend — CAGR 8.1%, MDD -31.4%, Sharpe 0.48, 56% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 8.2%, MDD -51.7%, exposure 58%.

Return/drawdown alternative: Supertrend — CAGR is 4.8%p higher than buy and hold, while drawdown improves by 41.9%p (CAGR 8.1%, MDD -31.4%, exposure 56%).

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=23, mult=4.9
8.1%-31.4%0.480.264.1x4356%
SMA 크로스오버
fast=29, slow=92
8.2%-51.7%0.470.164.1x4558%
EMA 크로스오버
fast=72, slow=213
6.9%-40.8%0.420.173.4x1360%
Donchian 채널 돌파
entryN=48, exitN=57
6.0%-51.0%0.380.122.9x3560%
볼린저 밴드 돌파
n=30, k=3.3
2.2%-19.9%0.310.111.5x207%
Keltner 채널 돌파
emaPeriod=33, atrPeriod=19, mult=4
2.2%-16.6%0.280.131.5x2210%
ROC 모멘텀
n=121, threshold=0.06
1.8%-52.2%0.190.031.4x15645%
Parabolic SAR
step=0.005, maxStep=0.14
1.5%-68.7%0.180.021.3x15653%
ADX / DI 방향성
period=45, threshold=25
0.5%-26.5%0.120.021.1x21%
MACD
fast=18, slow=60, signal=32
-2.0%-66.1%0.01-0.030.7x15652%
Buy and hold3.3%-73.3%0.260.041.8x1100%
1x 2009 2012 2015 2018 2021 2024 SMA 크로스오버SupertrendBuy and hold
Supertrend (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -18% -37% -55% -73% 2009 2012 2015 2018 2021 2024 Buy and holdSMA 크로스오버Supertrend
Supertrend maximum drawdown -31.4% (2014-07-28 → 2017-03-10), recovered after 1,816 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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