Trend-Following Backtester · Guide · backtest 한국어

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Johnson Matthey Plc backtest

10 trend-following strategies were compared on the full daily history of Johnson Matthey Plc. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

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

0 of 10 beat buy and hold (CAGR 4.9%, drawdown -69.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 2.6%, MDD -66.4%, Sharpe 0.22, 76% exposure.

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
Donchian 채널 돌파
entryN=42, exitN=91
2.6%-66.4%0.220.042.6x7576%
SMA 크로스오버
fast=31, slow=141
2.2%-56.3%0.210.042.3x8457%
EMA 크로스오버
fast=49, slow=218
1.9%-62.2%0.190.032.1x5261%
ROC 모멘텀
n=100, threshold=-0.04
1.0%-65.3%0.150.021.5x33165%
ADX / DI 방향성
period=37, threshold=39
0.4%-20.1%0.100.021.2x64%
Supertrend
period=16, mult=3
-0.6%-80.0%0.07-0.010.8x43651%
Parabolic SAR
step=0.005, maxStep=0.36
-1.3%-93.0%0.04-0.010.6x31452%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=19, mult=3
-0.3%-61.4%0.01-0.010.9x16611%
MACD
fast=22, slow=49, signal=24
-2.0%-88.8%0.00-0.020.5x37650%
볼린저 밴드 돌파
n=28, k=1.2
-2.0%-91.4%-0.02-0.020.5x40042%
Buy and hold4.9%-69.8%0.310.076.2x1100%
1x 10x 1989 1994 1999 2004 2009 2014 2019 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -35% -52% -70% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -66.4% (2014-01-22 → 2026-07-08), prior peak not yet recovered.

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 setupAll asset reports

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