Trend-Following Backtester · Guide · backtest 한국어

equity · CH

Novartis AG backtest

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

Data 1995-04-03 ~ 2026-07-31daily bars 7,985 (31.3 years)Costs 0.5%Venue SIXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.1%, drawdown -48.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 4.5%, MDD -41.1%, Sharpe 0.37, 64% 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=53, exitN=65
4.5%-41.1%0.370.114.0x5564%
EMA 크로스오버
fast=53, slow=145
3.1%-50.5%0.270.062.6x5362%
ADX / DI 방향성
period=38, threshold=26
1.0%-17.3%0.260.061.4x144%
SMA 크로스오버
fast=52, slow=92
2.1%-64.3%0.210.031.9x9759%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=15, mult=3.1
0.7%-11.7%0.170.061.2x202%
볼린저 밴드 돌파
n=57, k=2.8
0.5%-47.8%0.100.011.2x5215%
Supertrend
period=25, mult=5
-0.2%-76.4%0.06-0.001.0x11758%
ROC 모멘텀
n=124, threshold=0
-1.9%-85.5%-0.05-0.020.6x31561%
Parabolic SAR
step=0.005, maxStep=0.3
-2.6%-80.9%-0.11-0.030.4x29355%
MACD
fast=19, slow=43, signal=17
-4.8%-89.8%-0.28-0.050.2x38351%
Buy and hold7.1%-48.4%0.430.158.6x1100%
1x 1996 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -12% -24% -36% -48% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -41.1% (1998-03-03 → 2009-07-10), recovered after 6,055 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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