Trend-Following Backtester · Guide · backtest 한국어

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AL Sydbank A/S backtest

10 trend-following strategies were compared on the full daily history of AL Sydbank A/S. 2 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester.

Data 2000-01-03 ~ 2026-07-31daily bars 6,711 (26.6 years)Costs 0.5%Venue OMXCOPMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 12.0%, drawdown -91.0%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 8.2%, MDD -30.9%, Sharpe 0.65, 35% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 15.4%, MDD -91.0%, exposure 80%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=46, k=2.3
8.2%-30.9%0.650.278.1x9735%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=24, mult=3.3
6.9%-31.4%0.600.225.8x7327%
Donchian 채널 돌파
entryN=42, exitN=133
15.4%-91.0%0.390.1745.3x2580%
SMA 크로스오버
fast=59, slow=192
13.9%-91.0%0.390.1532.0x3166%
ADX / DI 방향성
period=14, threshold=23
3.8%-41.7%0.340.092.7x23127%
EMA 크로스오버
fast=59, slow=215
4.4%-99.0%0.340.043.1x2370%
Supertrend
period=9, mult=4
-12.3%-99.9%0.20-0.120.0x11160%
MACD
fast=20, slow=54, signal=16
-2.4%-90.3%0.18-0.030.5x26951%
Parabolic SAR
step=0.045, maxStep=0.16
-14.6%-99.9%0.15-0.150.0x77057%
ROC 모멘텀
n=21, threshold=-0.04
-21.1%-99.9%0.14-0.210.0x47577%
Buy and hold12.0%-91.0%0.390.1320.2x1100%
0.1 1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -23% -45% -68% -91% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -30.9% (2021-06-04 → 2022-11-14), recovered after 634 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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