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Trend-Following Backtester · Guide · backtest 한국어

equity · SE

HMS Networks AB backtest

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

Data 2007-10-19 ~ 2026-07-31daily bars 4,716 (18.8 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 19.1%, drawdown -54.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 13.3%, MDD -64.1%, Sharpe 0.53, 89% exposure.

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=15, exitN=71
13.3%-64.1%0.530.2110.4x3589%
ROC 모멘텀
n=201, threshold=-0.15
11.7%-53.6%0.490.228.0x8788%
Supertrend
period=11, mult=4.9
10.0%-46.7%0.480.216.0x5060%
SMA 크로스오버
fast=14, slow=129
9.7%-51.0%0.470.195.7x5961%
EMA 크로스오버
fast=38, slow=68
9.3%-45.1%0.450.215.3x5261%
볼린저 밴드 돌파
n=31, k=2.6
6.3%-46.2%0.420.143.1x8227%
Parabolic SAR
step=0.005, maxStep=0.08
7.3%-58.7%0.390.123.8x14355%
ADX / DI 방향성
period=10, threshold=32
4.9%-35.3%0.370.142.5x14420%
Keltner 채널 돌파
emaPeriod=47, atrPeriod=28, mult=2.6
5.6%-27.9%0.370.202.8x7632%
MACD
fast=16, slow=30, signal=17
4.6%-65.7%0.300.072.3x24950%
Buy and hold19.1%-54.2%0.650.3526.8x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -48% -64% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -64.1% (2021-11-30 → 2026-03-09), 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

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