Trend-Following Backtester · Guide · backtest 한국어

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Hermes International SCA backtest

10 trend-following strategies were compared on the full daily history of Hermes International SCA. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 2000-01-03 ~ 2026-07-31daily bars 6,829 (26.6 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 13.8%, drawdown -46.9%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 14.1%, MDD -48.0%, Sharpe 0.59, 100% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
ROC 모멘텀
Hold-like · Exposure 100%
n=1, threshold=-0.09
14.1%-48.0%0.590.2933.5x11100%
Keltner 채널 돌파
emaPeriod=36, atrPeriod=8, mult=2.9
6.5%-22.0%0.560.305.4x8825%
Donchian 채널 돌파
entryN=50, exitN=61
9.3%-60.3%0.510.1510.6x5068%
Supertrend
period=25, mult=2.5
7.9%-43.4%0.450.187.6x21060%
SMA 크로스오버
fast=16, slow=173
7.2%-43.9%0.430.166.3x6463%
EMA 크로스오버
fast=43, slow=103
7.3%-45.0%0.420.166.4x4866%
볼린저 밴드 돌파
n=53, k=1.7
5.1%-41.8%0.380.123.8x13640%
ADX / DI 방향성
period=27, threshold=36
2.0%-29.9%0.320.071.7x144%
MACD
fast=14, slow=59, signal=15
4.3%-51.8%0.310.083.0x33651%
Parabolic SAR
step=0.01, maxStep=0.06
3.0%-56.5%0.240.052.2x29859%
Buy and hold13.8%-46.9%0.580.2931.1x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -12% -24% -36% -48% 2001 2005 2009 2013 2017 2021 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -48.0% (2025-02-14 → 2026-07-31), prior peak not yet recovered.

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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