Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Craneware plc backtest

10 trend-following strategies were compared on the full daily history of Craneware plc. 6 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 17.0%, MDD -18.9%).

Data 2007-09-13 ~ 2026-07-31daily bars 4,771 (18.9 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 11.8%, drawdown -69.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 17.0%, MDD -18.9%, Sharpe 1.18, 21% exposure.

CAGR reference leader: Parabolic SAR — CAGR 21.1%, MDD -60.9%, exposure 48%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.3%p higher than buy and hold, while drawdown improves by 51.0%p (CAGR 17.0%, MDD -18.9%, exposure 21%).

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=13, k=2.7
17.0%-18.9%1.180.9019.5x11021%
Keltner 채널 돌파
emaPeriod=10, atrPeriod=17, mult=1.2
18.1%-39.3%0.990.4623.0x15628%
Parabolic SAR
step=0.03, maxStep=0.16
21.1%-60.9%0.860.3537.0x41248%
MACD
fast=6, slow=37, signal=8
19.4%-55.0%0.800.3528.5x34746%
ADX / DI 방향성
period=38, threshold=26
5.6%-13.3%0.630.422.8x3415%
Donchian 채널 돌파
entryN=47, exitN=33
12.6%-59.8%0.620.219.3x4453%
EMA 크로스오버
fast=4, slow=27
13.2%-67.1%0.620.2010.4x19453%
Supertrend
period=29, mult=4.8
11.4%-72.5%0.540.167.7x5464%
SMA 크로스오버
fast=30, slow=212
10.4%-66.5%0.530.166.5x2465%
ROC 모멘텀
n=14, threshold=0.11
7.0%-31.7%0.520.223.6x17212%
Buy and hold11.8%-69.9%0.490.178.2x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Parabolic SAR볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Parabolic SAR (CAGR reference), Buy and hold.
0% -17% -35% -52% -70% 2008 2011 2014 2017 2020 2023 2026 Buy and holdParabolic SAR볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -18.9% (2025-05-19 → 2025-09-23), 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

Read next