Trend-Following Backtester · Guide · backtest 한국어

equity · FR

Euronext NV backtest

10 trend-following strategies were compared on the full daily history of Euronext NV. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 17.5%, MDD -29.1%).

Data 2014-06-20 ~ 2026-07-31daily bars 3,101 (12.1 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 19.7%, drawdown -42.3%).

Sharpe leader (same as main): Supertrend — CAGR 17.5%, MDD -29.1%, Sharpe 0.96, 64% exposure.

Return/drawdown alternative: Supertrend — CAGR is 2.2%p lower than buy and hold, while drawdown improves by 13.1%p (CAGR 17.5%, MDD -29.1%, exposure 64%).

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
Supertrend
period=13, mult=4.8
17.5%-29.1%0.960.607.1x2964%
Donchian 채널 돌파
entryN=92, exitN=44
15.6%-27.0%0.930.585.8x1955%
EMA 크로스오버
fast=12, slow=85
16.4%-27.7%0.880.596.3x4165%
SMA 크로스오버
fast=48, slow=118
16.5%-31.1%0.820.536.4x1964%
ROC 모멘텀
n=126, threshold=0.03
12.7%-26.5%0.740.484.3x6159%
볼린저 밴드 돌파
n=32, k=3.3
5.8%-18.5%0.730.312.0x1210%
ADX / DI 방향성
period=31, threshold=27
4.9%-8.0%0.700.621.8x88%
MACD
fast=18, slow=43, signal=18
10.4%-29.3%0.680.353.3x12352%
Keltner 채널 돌파
emaPeriod=37, atrPeriod=22, mult=4
5.8%-18.7%0.610.312.0x2218%
Parabolic SAR
step=0.01, maxStep=0.38
5.6%-31.1%0.390.181.9x17355%
Buy and hold19.7%-42.3%0.820.478.8x1100%
1x 2015 2017 2019 2021 2023 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -11% -21% -32% -42% 2015 2017 2019 2021 2023 2025 Buy and holdSupertrend
Supertrend maximum drawdown -29.1% (2021-09-16 → 2023-09-27), recovered after 974 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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