Trend-Following Backtester · Guide · backtest 한국어

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Avon Technologies PLC backtest

10 trend-following strategies were compared on the full daily history of Avon Technologies PLC. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 4.0%, MDD -20.8%).

Data 1988-07-01 ~ 2026-07-31daily bars 9,766 (38.1 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 2.5%, drawdown -96.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 10.3%, MDD -35.7%, Sharpe 0.72, 19% exposure.

CAGR reference leader: Supertrend — CAGR 12.8%, MDD -59.0%, exposure 53%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 7.8%p higher than buy and hold, while drawdown improves by 61.0%p (CAGR 4.0%, MDD -20.8%, exposure 7%).

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=14, k=2.6
10.3%-35.7%0.720.2942.1x21619%
Keltner 채널 돌파
emaPeriod=5, atrPeriod=11, mult=2.6
4.0%-20.8%0.670.194.5x1007%
Supertrend
period=22, mult=4.1
12.8%-59.0%0.630.2296.9x20253%
SMA 크로스오버
fast=57, slow=201
10.6%-56.0%0.570.1945.6x4457%
Donchian 채널 돌파
entryN=141, exitN=24
7.8%-36.3%0.570.2117.4x6826%
ROC 모멘텀
n=174, threshold=0.11
9.2%-49.8%0.550.1828.1x17043%
EMA 크로스오버
fast=43, slow=118
9.3%-57.2%0.520.1629.3x6056%
Parabolic SAR
step=0.045, maxStep=0.18
9.5%-87.0%0.490.1131.8x90749%
MACD
fast=18, slow=57, signal=19
7.7%-83.2%0.410.0917.0x33347%
ADX / DI 방향성
period=33, threshold=11
6.4%-61.1%0.390.1010.5x34848%
Buy and hold2.5%-96.7%0.250.032.6x1100%
0.1 1x 10x 100x 1989 1994 1999 2004 2009 2014 2019 2024 Supertrend볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -24% -48% -73% -97% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdSupertrend볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -35.7% (2021-09-24 → 2026-07-09), 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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