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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Luxfer Holdings PLC backtest

10 trend-following strategies were compared on the full daily history of Luxfer Holdings PLC. 1 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 2.6%, MDD -29.3%).

Data 2012-10-03 ~ 2026-07-31daily bars 3,475 (13.8 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 3.2%, drawdown -72.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 2.0%, MDD -11.1%, Sharpe 0.33, 5% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 4.8%, MDD -55.5%, exposure 55%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 1.2%p lower than buy and hold, while drawdown improves by 61.6%p (CAGR 2.6%, MDD -29.3%, exposure 15%).

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
볼린저 밴드 돌파
n=16, k=3.1
2.0%-11.1%0.330.181.3x165%
Donchian 채널 돌파
entryN=56, exitN=72
4.8%-55.5%0.310.091.9x2155%
Keltner 채널 돌파
emaPeriod=13, atrPeriod=17, mult=2.1
2.6%-29.3%0.270.091.4x6015%
ADX / DI 방향성
period=34, threshold=15
2.9%-38.3%0.250.071.5x6329%
SMA 크로스오버
fast=47, slow=184
2.6%-55.1%0.230.051.4x1747%
EMA 크로스오버
fast=55, slow=81
2.1%-59.3%0.210.041.3x2750%
MACD
fast=8, slow=30, signal=10
1.5%-70.0%0.190.021.2x26150%
ROC 모멘텀
n=133, threshold=0.05
0.6%-55.0%0.140.011.1x10743%
Parabolic SAR
step=0.055, maxStep=0.06
0.2%-68.5%0.140.001.0x24851%
Supertrend
period=23, mult=4
-1.0%-69.0%0.10-0.010.9x5652%
Buy and hold3.2%-72.7%0.270.041.5x1100%
1x 2013 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -18% -36% -54% -73% 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -11.1% (2018-05-30 → 2018-11-19), recovered after 2,108 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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 US assetsAll asset reports

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