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Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Airtel Africa Plc backtest

10 trend-following strategies were compared on the full daily history of Airtel Africa Plc. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 21.9%, MDD -25.7%).

Data 2019-06-28 ~ 2026-08-28daily bars 1,812 (7.2 years)Costs 0.5%Venue LSEMonthly snapshot 2026-08-31

Results by strategy

1 of 10 beat buy and hold (CAGR 24.8%, drawdown -65.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 29.9%, MDD -43.7%, Sharpe 0.92, 84% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 5.1%p higher than buy and hold, while drawdown improves by 22.1%p (CAGR 21.9%, MDD -25.7%, exposure 44%).

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
Donchian 채널 돌파
entryN=10, exitN=51
29.9%-43.7%0.920.686.5x1984%
ROC 모멘텀
n=145, threshold=0.12
21.9%-25.7%0.850.854.1x2844%
ADX / DI 방향성
period=29, threshold=17
16.6%-26.5%0.800.633.0x4030%
SMA 크로스오버
fast=57, slow=185
23.1%-54.9%0.790.424.4x1263%
EMA 크로스오버
fast=55, slow=180
18.1%-57.8%0.690.313.3x961%
Supertrend
period=28, mult=3.2
15.8%-41.6%0.610.382.9x4058%
MACD
fast=7, slow=13, signal=11
15.4%-41.6%0.590.372.8x16952%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=11, mult=4
2.9%-6.9%0.530.421.2x44%
볼린저 밴드 돌파
n=13, k=1.9
8.2%-46.8%0.450.181.8x9932%
Parabolic SAR
step=0.04, maxStep=0.28
5.2%-48.8%0.320.111.4x23352%
Buy and hold24.8%-65.8%0.710.384.9x1100%
1x 2020 2021 2022 2023 2024 2025 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -33% -49% -66% 2020 2021 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -43.7% (2022-07-27 → 2024-02-06), recovered after 1,022 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

Method and caveats

Past performance does not guarantee future returns. Parameters were carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupMore GB assetsAll asset reports

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