Trend-Following Backtester · Guide · backtest 한국어

equity · DE

E.ON SE backtest

10 trend-following strategies were compared on the full daily history of E.ON SE. 2 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 0.9%, MDD -6.8%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,792 (26.6 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 0.9%, drawdown -86.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.9%, MDD -6.8%, Sharpe 0.32, 2% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 1.2%, MDD -66.4%, exposure 58%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 0.0%p lower than buy and hold, while drawdown improves by 80.1%p (CAGR 0.9%, MDD -6.8%, exposure 2%).

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=18, k=3.3
0.9%-6.8%0.320.131.3x82%
ROC 모멘텀
Hold-like · Exposure 100%
n=1, threshold=-0.11
1.1%-86.6%0.180.011.3x3100%
SMA 크로스오버
fast=57, slow=134
1.2%-66.4%0.160.021.4x5258%
Donchian 채널 돌파
entryN=13, exitN=63
0.4%-74.0%0.130.011.1x8780%
EMA 크로스오버
fast=19, slow=128
0.3%-74.9%0.100.001.1x7756%
ADX / DI 방향성
period=23, threshold=39
0.1%-9.6%0.080.011.0x60%
Supertrend
period=24, mult=4.9
-0.2%-72.2%0.07-0.001.0x8552%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=26, mult=4
0.2%-11.4%0.070.011.0x81%
Parabolic SAR
step=0.005, maxStep=0.08
-3.8%-78.7%-0.12-0.050.4x23151%
MACD
fast=16, slow=40, signal=19
-7.0%-90.9%-0.31-0.080.1x36950%
Buy and hold0.9%-86.9%0.170.011.3x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -43% -65% -87% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -6.8% (2025-04-03 → 2025-04-07), recovered after 12 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 setupAll asset reports

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