Trend-Following Backtester · Guide · backtest 한국어

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SAF-HOLLAND SE backtest

10 trend-following strategies were compared on the full daily history of SAF-HOLLAND SE. 10 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.9%, MDD -26.6%).

Data 2007-07-26 ~ 2026-07-31daily bars 4,829 (19.0 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 0.6%, drawdown -98.2%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 19.0%, MDD -78.7%, Sharpe 0.68, 51% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 18.4%p higher than buy and hold, while drawdown improves by 19.5%p (CAGR 4.9%, MDD -26.6%, exposure 7%).

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
ROC 모멘텀
n=114, threshold=0.03
19.0%-78.7%0.680.2427.3x11151%
SMA 크로스오버
fast=33, slow=180
15.7%-78.7%0.610.2015.9x2552%
Donchian 채널 돌파
entryN=53, exitN=72
13.3%-82.9%0.550.1610.7x2760%
EMA 크로스오버
fast=18, slow=55
11.2%-78.7%0.500.147.5x7954%
ADX / DI 방향성
period=38, threshold=23
4.9%-26.6%0.390.182.5x207%
MACD
fast=7, slow=41, signal=15
6.8%-78.6%0.390.093.5x31151%
Supertrend
period=29, mult=3.6
6.5%-78.4%0.390.083.3x9553%
Parabolic SAR
step=0.04, maxStep=0.28
7.9%-83.8%0.380.094.2x59351%
볼린저 밴드 돌파
n=53, k=1.6
4.4%-77.2%0.330.062.3x9137%
Keltner 채널 돌파
emaPeriod=24, atrPeriod=14, mult=1.1
2.1%-75.0%0.270.031.5x21337%
Buy and hold0.6%-98.2%0.320.011.1x1100%
0.1 1x 10x 2008 2011 2014 2017 2020 2023 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -49% -74% -98% 2008 2011 2014 2017 2020 2023 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -78.7% (2009-08-06 → 2009-08-13), recovered after 516 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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