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Trend-Following Backtester · Guide · backtest 한국어

equity · SE

Peab AB Class B backtest

10 trend-following strategies were compared on the full daily history of Peab AB Class B. 1 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 10.3%, MDD -52.6%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,743 (26.6 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 9.6%, drawdown -86.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.3%, MDD -52.6%, Sharpe 0.54, 66% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.7%p higher than buy and hold, while drawdown improves by 34.3%p (CAGR 10.3%, MDD -52.6%, exposure 66%).

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=73, exitN=91
10.3%-52.6%0.540.2013.6x3366%
SMA 크로스오버
fast=42, slow=99
9.2%-55.6%0.510.1610.3x6859%
EMA 크로스오버
fast=22, slow=97
8.7%-55.6%0.500.169.1x6962%
ROC 모멘텀
n=79, threshold=-0.04
9.0%-61.8%0.490.149.8x23769%
Supertrend
period=21, mult=2
8.1%-66.6%0.450.128.0x31156%
Parabolic SAR
step=0.01, maxStep=0.22
7.4%-50.4%0.430.156.7x34153%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=26, mult=1.5
6.3%-33.0%0.420.195.0x16847%
볼린저 밴드 돌파
n=50, k=2.2
5.3%-39.4%0.410.144.0x9232%
ADX / DI 방향성
period=37, threshold=7
4.9%-54.1%0.350.093.5x27848%
MACD
fast=7, slow=41, signal=6
5.0%-46.8%0.330.113.7x63150%
Buy and hold9.6%-86.9%0.440.1111.5x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -87% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -52.6% (2017-06-19 → 2024-01-19), 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.
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