Trend-Following Backtester · Guide · backtest 한국어

equity · SE

Lifco AB Class B backtest

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

Data 2014-11-21 ~ 2026-07-31daily bars 2,935 (11.7 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 24.6%, drawdown -49.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 22.7%, MDD -41.5%, Sharpe 0.96, 72% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 24.0%, MDD -39.4%, exposure 97%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

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=19, exitN=29
22.7%-41.5%0.960.5510.9x3572%
ROC 모멘텀
Hold-like · Exposure 97%
n=5, threshold=-0.08
24.0%-39.4%0.880.6112.4x5997%
SMA 크로스오버
fast=18, slow=44
15.0%-35.7%0.750.425.1x6759%
EMA 크로스오버
fast=41, slow=107
16.0%-38.6%0.720.415.7x1573%
Supertrend
period=19, mult=2.9
12.5%-47.0%0.650.274.0x8159%
Parabolic SAR
step=0.02, maxStep=0.32
11.3%-30.2%0.590.383.5x24255%
ADX / DI 방향성
period=27, threshold=12
9.1%-41.3%0.520.222.8x13753%
볼린저 밴드 돌파
n=27, k=1.5
7.7%-29.7%0.480.262.4x11645%
Keltner 채널 돌파
emaPeriod=30, atrPeriod=28, mult=1.1
6.9%-37.2%0.440.192.2x12247%
MACD
fast=13, slow=31, signal=15
6.9%-44.4%0.420.162.2x16248%
Buy and hold24.6%-49.3%0.870.5013.1x1100%
1x 10x 2015 2017 2019 2021 2023 2025 ROC 모멘텀Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -12% -25% -37% -49% 2015 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -41.5% (2021-09-06 → 2022-11-03), recovered after 821 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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