Trend-Following Backtester · Guide · backtest 한국어

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HENSOLDT AG backtest

10 trend-following strategies were compared on the full daily history of HENSOLDT AG. 0 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 31.0%, MDD -30.7%).

Data 2020-09-25 ~ 2026-07-31daily bars 1,489 (5.8 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 40.2%, drawdown -43.5%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 31.0%, MDD -30.7%, Sharpe 0.90, 35% exposure.

CAGR reference leader: Supertrend — CAGR 32.1%, MDD -33.3%, exposure 51%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 9.2%p lower than buy and hold, while drawdown improves by 12.7%p (CAGR 31.0%, MDD -30.7%, exposure 35%).

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=22, k=1.6
31.0%-30.7%0.901.014.9x5735%
Parabolic SAR
step=0.01, maxStep=0.32
31.9%-40.3%0.880.795.0x6947%
Supertrend
period=9, mult=2.8
32.1%-33.3%0.870.965.1x4351%
Donchian 채널 돌파
entryN=23, exitN=11
30.0%-34.7%0.860.864.6x3938%
Keltner 채널 돌파
emaPeriod=24, atrPeriod=27, mult=2.2
27.0%-26.7%0.861.014.0x2824%
MACD
fast=11, slow=26, signal=11
30.4%-40.4%0.860.754.7x8950%
ROC 모멘텀
n=111, threshold=0.12
28.2%-28.1%0.811.004.3x3040%
SMA 크로스오버
fast=48, slow=113
20.6%-40.2%0.710.513.0x1645%
EMA 크로스오버
fast=18, slow=30
23.5%-44.5%0.710.533.4x4150%
ADX / DI 방향성
period=13, threshold=18
18.2%-37.7%0.630.482.7x8736%
Buy and hold40.2%-43.5%0.920.937.2x1100%
1x 10x 2021 2022 2023 2024 2025 2026 Supertrend볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -11% -22% -33% -43% 2021 2022 2023 2024 2025 2026 Buy and holdSupertrend볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -30.7% (2022-03-24 → 2022-12-30), recovered after 342 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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