Trend-Following Backtester · Guide · backtest 한국어

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Melexis NV backtest

10 trend-following strategies were compared on the full daily history of Melexis NV. 3 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 14.7%, MDD -56.2%).

Data 2002-05-17 ~ 2026-07-31daily bars 6,212 (24.2 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 9.3%, drawdown -77.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.7%, MDD -56.2%, Sharpe 0.60, 88% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 5.5%p higher than buy and hold, while drawdown improves by 21.6%p (CAGR 14.7%, MDD -56.2%, exposure 88%).

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=14, exitN=117
14.7%-56.2%0.600.2627.8x3788%
SMA 크로스오버
fast=51, slow=110
11.1%-57.4%0.540.1912.7x5359%
ROC 모멘텀
n=131, threshold=-0.04
9.8%-64.8%0.490.159.6x16168%
EMA 크로스오버
fast=11, slow=246
9.0%-55.2%0.470.168.0x5165%
Supertrend
period=13, mult=3.4
7.7%-46.2%0.430.176.0x12252%
ADX / DI 방향성
period=13, threshold=33
4.8%-34.8%0.410.143.1x10215%
볼린저 밴드 돌파
n=45, k=2.8
4.6%-39.2%0.370.123.0x6423%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=14, mult=2.2
3.5%-60.4%0.270.062.3x11839%
MACD
fast=22, slow=54, signal=36
3.2%-66.6%0.250.052.1x19050%
Parabolic SAR
step=0.005, maxStep=0.14
2.6%-80.6%0.220.031.9x18656%
Buy and hold9.3%-77.8%0.420.128.5x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -39% -58% -78% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -56.2% (2021-11-19 → 2026-03-19), 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.
Re-run the same setupAll asset reports

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