Trend-Following Backtester · Guide · backtest 한국어

equity · FR

Alstom SA backtest

10 trend-following strategies were compared on the full daily history of Alstom SA. 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 0.3%, MDD -13.7%).

Data 2005-08-03 ~ 2026-07-31daily bars 5,372 (21.0 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 0.2%, drawdown -86.2%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 5.0%, MDD -19.3%, Sharpe 0.52, 8% exposure.

CAGR reference leader: MACD — CAGR 5.7%, MDD -50.5%, exposure 50%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.8%p higher than buy and hold, while drawdown improves by 66.9%p (CAGR 0.3%, MDD -13.7%, exposure 1%).

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=33, k=3.3
5.0%-19.3%0.520.262.8x228%
MACD
fast=24, slow=57, signal=14
5.7%-50.5%0.340.113.2x19550%
Donchian 채널 돌파
entryN=12, exitN=51
5.0%-64.0%0.310.082.8x7779%
SMA 크로스오버
fast=41, slow=74
4.2%-65.3%0.290.062.4x8054%
Keltner 채널 돌파
emaPeriod=15, atrPeriod=21, mult=2.7
2.5%-35.0%0.280.071.7x509%
Supertrend
period=17, mult=3.4
2.5%-78.5%0.220.031.7x11649%
ROC 모멘텀
n=49, threshold=-0.11
1.7%-75.8%0.200.021.4x18981%
Parabolic SAR
step=0.005, maxStep=0.04
1.8%-68.9%0.190.031.4x15451%
EMA 크로스오버
fast=78, slow=107
0.7%-66.8%0.150.011.2x3259%
ADX / DI 방향성
period=38, threshold=32
0.3%-13.7%0.090.021.1x21%
Buy and hold0.2%-86.2%0.200.001.0x1100%
1x 2006 2009 2012 2015 2018 2021 2024 MACD볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -22% -43% -65% -86% 2006 2009 2012 2015 2018 2021 2024 Buy and holdMACD볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -19.3% (2024-05-29 → 2025-03-27), 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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