Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Harworth Group PLC backtest

10 trend-following strategies were compared on the full daily history of Harworth Group PLC. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 3.7%, MDD -27.0%).

Data 1993-05-25 ~ 2026-07-31daily bars 8,489 (33.2 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -6.8%, drawdown -99.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.5%, MDD -38.5%, Sharpe 0.53, 28% exposure.

CAGR reference leader: Supertrend — CAGR 11.3%, MDD -86.9%, exposure 50%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 15.3%p higher than buy and hold, while drawdown improves by 61.0%p (CAGR 3.7%, MDD -27.0%, exposure 13%).

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=114, exitN=26
8.5%-38.5%0.530.2214.8x6828%
EMA 크로스오버
fast=16, slow=167
9.7%-55.1%0.510.1821.3x5448%
Supertrend
period=10, mult=2.1
11.3%-86.9%0.500.1334.5x35450%
Keltner 채널 돌파
emaPeriod=26, atrPeriod=18, mult=3.7
6.4%-43.7%0.470.157.8x8616%
볼린저 밴드 돌파
n=57, k=3.1
6.4%-51.6%0.440.127.8x7024%
SMA 크로스오버
fast=29, slow=124
6.9%-65.0%0.390.119.2x7049%
ROC 모멘텀
n=98, threshold=0.1
6.2%-58.0%0.380.117.5x23035%
Parabolic SAR
step=0.02, maxStep=0.34
7.2%-60.7%0.360.129.9x57748%
ADX / DI 방향성
period=20, threshold=36
3.7%-27.0%0.350.143.4x8013%
MACD
fast=18, slow=28, signal=17
1.7%-89.5%0.210.021.8x40350%
Buy and hold-6.8%-99.5%0.09-0.070.1x1100%
0.1 1x 10x 1994 1999 2004 2009 2014 2019 2024 SupertrendDonchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -25% -50% -75% -99% 1994 1999 2004 2009 2014 2019 2024 Buy and holdSupertrendDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -38.5% (2001-05-22 → 2003-03-12), recovered after 783 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 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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