Trend-Following Backtester · Guide · backtest 한국어

equity · PT

Navigator Company SA backtest

10 trend-following strategies were compared on the full daily history of Navigator Company SA. 4 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 3.1%, MDD -20.1%).

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

4 of 10 beat buy and hold (CAGR 3.3%, drawdown -69.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.0%, MDD -34.5%, Sharpe 0.46, 46% exposure.

CAGR reference leader: Supertrend — CAGR 6.1%, MDD -37.0%, exposure 55%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 2.7%p higher than buy and hold, while drawdown improves by 34.5%p (CAGR 3.1%, MDD -20.1%, exposure 13%).

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=92, exitN=48
6.0%-34.5%0.460.174.7x3846%
Supertrend
period=18, mult=3.5
6.1%-37.0%0.440.164.8x13255%
ADX / DI 방향성
period=39, threshold=21
3.1%-20.1%0.430.152.2x3613%
EMA 크로스오버
fast=10, slow=129
5.8%-36.0%0.420.164.4x6456%
SMA 크로스오버
fast=29, slow=217
5.8%-40.7%0.410.144.5x3156%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=26, mult=4
2.8%-22.6%0.390.132.1x4413%
볼린저 밴드 돌파
n=58, k=2.9
3.2%-35.3%0.360.092.3x5021%
MACD
fast=15, slow=79, signal=22
2.7%-39.8%0.240.072.0x23852%
ROC 모멘텀
n=138, threshold=0.01
2.1%-52.8%0.210.041.7x21456%
Parabolic SAR
step=0.015, maxStep=0.08
0.1%-71.0%0.090.001.0x37955%
Buy and hold3.3%-69.0%0.250.052.4x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SupertrendDonchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -17% -34% -52% -69% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrendDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -34.5% (2015-04-15 → 2016-12-12), recovered after 1,127 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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