Trend-Following Backtester · Guide · backtest 한국어

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Suedzucker AG backtest

10 trend-following strategies were compared on the full daily history of Suedzucker AG. 7 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 0.8%, MDD -19.5%).

Data 1998-11-11 ~ 2026-07-31daily bars 7,090 (27.7 years)Costs 0.5%Venue XETRMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR -1.1%, drawdown -73.6%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.8%, MDD -19.5%, Sharpe 0.16, 4% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.9%p higher than buy and hold, while drawdown improves by 54.1%p (CAGR 0.8%, MDD -19.5%, exposure 4%).

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=12, k=2.9
0.8%-19.5%0.160.041.3x444%
Donchian 채널 돌파
entryN=25, exitN=50
0.2%-75.1%0.120.001.1x8960%
Supertrend
period=27, mult=2.2
0.0%-59.3%0.100.001.0x28549%
SMA 크로스오버
fast=80, slow=223
0.0%-56.3%0.100.001.0x4348%
MACD
fast=18, slow=45, signal=16
-0.2%-68.0%0.09-0.000.9x31152%
EMA 크로스오버
fast=8, slow=42
-0.2%-56.0%0.09-0.000.9x20151%
Parabolic SAR
step=0.015, maxStep=0.18
-0.8%-71.1%0.07-0.010.8x47550%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=17, mult=1.4
-1.4%-58.4%0.01-0.020.7x19539%
ROC 모멘텀
n=42, threshold=-0.04
-3.9%-78.6%-0.06-0.050.3x37164%
ADX / DI 방향성
period=10, threshold=17
-4.7%-81.7%-0.15-0.060.3x63343%
Buy and hold-1.1%-73.6%0.11-0.010.7x1100%
1x 1999 2003 2007 2011 2015 2019 2023 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -37% -55% -74% 1999 2003 2007 2011 2015 2019 2023 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -19.5% (1999-05-07 → 2005-09-02), recovered after 4,444 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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