Trend-Following Backtester · Guide · backtest 한국어

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Deutsche Pfandbriefbank AG backtest

10 trend-following strategies were compared on the full daily history of Deutsche Pfandbriefbank AG. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.2%, MDD -7.6%).

Data 2015-07-16 ~ 2026-07-31daily bars 2,808 (11.0 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -10.4%, drawdown -82.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 2.4%, MDD -8.3%, Sharpe 0.45, 2% exposure.

CAGR reference leader: MACD — CAGR 7.7%, MDD -38.4%, exposure 51%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 12.9%p higher than buy and hold, while drawdown improves by 74.1%p (CAGR 0.2%, MDD -7.6%, exposure 3%).

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=37, k=3.5
2.4%-8.3%0.450.291.3x22%
MACD
fast=16, slow=22, signal=19
7.7%-38.4%0.420.202.3x13651%
Donchian 채널 돌파
entryN=66, exitN=11
2.7%-23.2%0.280.121.3x3418%
Parabolic SAR
step=0.02, maxStep=0.28
1.5%-56.6%0.180.031.2x22251%
Supertrend
period=14, mult=4.9
0.1%-42.4%0.120.001.0x3550%
Keltner 채널 돌파
emaPeriod=35, atrPeriod=14, mult=2.2
0.5%-38.1%0.110.011.1x4824%
ADX / DI 방향성
period=23, threshold=33
0.2%-7.6%0.080.031.0x103%
ROC 모멘텀
n=74, threshold=0.02
-2.3%-59.3%-0.02-0.040.8x9440%
SMA 크로스오버
fast=45, slow=72
-4.6%-61.9%-0.09-0.070.6x4546%
EMA 크로스오버
fast=30, slow=42
-4.3%-62.2%-0.10-0.070.6x4542%
Buy and hold-10.4%-82.4%-0.11-0.130.3x1100%
1x 2016 2018 2020 2022 2024 2026 MACD볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -21% -41% -62% -82% 2016 2018 2020 2022 2024 2026 Buy and holdMACD볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -8.3% (2021-01-07 → 2021-01-25), prior peak not yet recovered.

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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