Trend-Following Backtester · Guide · backtest 한국어

equity · SE

AAK AB backtest

10 trend-following strategies were compared on the full daily history of AAK AB. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2005-09-29 ~ 2026-07-30daily bars 5,244 (20.8 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 11.0%, drawdown -65.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.3%, MDD -34.1%, Sharpe 0.57, 39% exposure.

CAGR reference leader: Supertrend — CAGR 7.4%, MDD -40.2%, exposure 62%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=109, exitN=34
7.3%-34.1%0.570.214.4x3639%
볼린저 밴드 돌파
n=24, k=2.6
5.0%-25.3%0.480.202.8x9623%
Supertrend
period=25, mult=4.6
7.4%-40.2%0.460.184.4x6662%
Keltner 채널 돌파
emaPeriod=33, atrPeriod=20, mult=4
3.9%-16.2%0.450.242.2x3415%
EMA 크로스오버
fast=16, slow=188
6.7%-37.6%0.440.183.9x4662%
SMA 크로스오버
fast=56, slow=201
4.9%-52.7%0.360.092.7x3259%
ROC 모멘텀
n=129, threshold=0.04
4.3%-34.9%0.340.122.4x16251%
ADX / DI 방향성
period=29, threshold=34
1.2%-10.5%0.330.121.3x103%
MACD
fast=30, slow=72, signal=39
4.2%-35.9%0.320.122.4x12851%
Parabolic SAR
step=0.005, maxStep=0.36
2.4%-56.3%0.220.041.6x18256%
Buy and hold11.0%-65.6%0.520.178.8x1100%
1x 10x 2006 2009 2012 2015 2018 2021 2024 SupertrendDonchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -16% -33% -49% -66% 2006 2009 2012 2015 2018 2021 2024 Buy and holdSupertrendDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -34.1% (2019-08-01 → 2023-04-13), recovered after 1,799 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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