Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Lancashire Holdings Limited backtest

10 trend-following strategies were compared on the full daily history of Lancashire Holdings Limited. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.7%, MDD -4.8%).

Data 2005-12-13 ~ 2026-07-31daily bars 5,214 (20.6 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 3.1%, drawdown -62.5%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.7%, MDD -4.8%, Sharpe 0.63, 2% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 0.4%p lower than buy and hold, while drawdown improves by 57.7%p (CAGR 2.7%, MDD -4.8%, exposure 2%).

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
ADX / DI 방향성
period=33, threshold=33
2.7%-4.8%0.630.571.7x42%
SMA 크로스오버
fast=95, slow=200
1.5%-44.5%0.180.031.4x2857%
Donchian 채널 돌파
entryN=11, exitN=68
0.8%-51.8%0.150.021.2x4784%
ROC 모멘텀
n=39, threshold=-0.13
-0.7%-76.5%0.10-0.010.9x8593%
EMA 크로스오버
fast=77, slow=204
-2.1%-68.9%-0.00-0.030.6x2758%
MACD
fast=17, slow=24, signal=18
-2.2%-55.3%-0.03-0.040.6x27252%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=27, mult=3.2
-0.7%-31.4%-0.12-0.020.9x204%
볼린저 밴드 돌파
n=26, k=1.8
-4.7%-71.2%-0.26-0.070.4x17233%
Parabolic SAR
step=0.005, maxStep=0.26
-6.2%-76.5%-0.28-0.080.3x17849%
Supertrend
period=17, mult=2.4
-7.7%-81.5%-0.34-0.090.2x19453%
Buy and hold3.1%-62.5%0.250.051.9x1100%
1x 2006 2009 2012 2015 2018 2021 2024 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -31% -47% -63% 2006 2009 2012 2015 2018 2021 2024 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -4.8% (2008-12-08 → 2008-12-09), recovered after 23 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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