Trend-Following Backtester · Guide · backtest 한국어

equity · GB

NatWest Group Plc backtest

10 trend-following strategies were compared on the full daily history of NatWest Group Plc. 4 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 5.6%, MDD -51.7%).

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

4 of 10 beat buy and hold (CAGR 1.2%, drawdown -98.5%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 5.6%, MDD -51.7%, Sharpe 0.35, 59% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 5.7%, MDD -77.3%, exposure 56%.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 4.5%p higher than buy and hold, while drawdown improves by 46.8%p (CAGR 5.6%, MDD -51.7%, exposure 59%).

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
EMA 크로스오버
fast=47, slow=271
5.6%-51.7%0.350.118.1x4559%
SMA 크로스오버
fast=18, slow=80
5.7%-77.3%0.340.078.2x13556%
Donchian 채널 돌파
entryN=99, exitN=52
3.8%-63.9%0.290.064.2x6941%
Supertrend
period=27, mult=4.8
1.7%-80.0%0.190.021.9x17753%
볼린저 밴드 돌파
n=57, k=1.1
0.8%-84.2%0.140.011.3x23745%
ROC 모멘텀
n=73, threshold=-0.02
-0.3%-91.6%0.11-0.000.9x44960%
MACD
fast=24, slow=51, signal=21
-2.6%-97.0%0.08-0.030.4x35351%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=16, mult=2.5
-0.7%-79.2%0.05-0.010.8x19931%
ADX / DI 방향성
period=46, threshold=28
-0.0%-14.6%-0.01-0.001.0x41%
Parabolic SAR
step=0.03, maxStep=0.16
-5.8%-96.6%-0.10-0.060.1x96952%
Buy and hold1.2%-98.5%0.250.011.5x1100%
1x 10x 1989 1994 1999 2004 2009 2014 2019 2024 SMA 크로스오버EMA 크로스오버Buy and hold
EMA 크로스오버 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -25% -49% -74% -98% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdSMA 크로스오버EMA 크로스오버
EMA 크로스오버 maximum drawdown -51.7% (2002-05-06 → 2021-01-29), recovered after 8,120 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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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