SleepWell Trade

Trend-Following Backtester · Guide · backtest 한국어

equity · SE

Ambea AB backtest

10 trend-following strategies were compared on the full daily history of Ambea AB. 4 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 12.4%, MDD -26.6%).

Data 2017-03-31 ~ 2026-07-31daily bars 2,343 (9.3 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 7.3%, drawdown -63.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 12.4%, MDD -26.6%, Sharpe 0.70, 43% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 5.1%p higher than buy and hold, while drawdown improves by 36.8%p (CAGR 12.4%, MDD -26.6%, exposure 43%).

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=90, exitN=51
12.4%-26.6%0.700.473.0x943%
EMA 크로스오버
fast=50, slow=182
11.4%-33.5%0.630.342.7x748%
ROC 모멘텀
n=104, threshold=0.05
11.1%-28.3%0.630.392.7x7347%
SMA 크로스오버
fast=7, slow=206
11.6%-38.4%0.620.302.8x1750%
ADX / DI 방향성
period=37, threshold=23
4.7%-10.5%0.560.451.5x88%
볼린저 밴드 돌파
n=55, k=3.4
5.2%-22.1%0.510.241.6x614%
Supertrend
period=19, mult=4.2
6.1%-50.2%0.370.121.7x3159%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=14, mult=3.6
1.3%-33.7%0.170.041.1x1616%
Parabolic SAR
step=0.005, maxStep=0.3
-0.7%-55.5%0.09-0.010.9x8956%
MACD
fast=14, slow=57, signal=24
-3.0%-55.5%-0.02-0.050.8x10449%
Buy and hold7.3%-63.4%0.380.111.9x1100%
1x 2018 2020 2022 2024 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -48% -63% 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -26.6% (2026-01-08 → 2026-06-22), prior peak not yet recovered.

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 setupMore SE assetsAll asset reports

Read next