Trend-Following Backtester · Guide · backtest 한국어

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Odyssean Investment Trust PLC backtest

10 trend-following strategies were compared on the full daily history of Odyssean Investment Trust PLC. 1 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 12.5%, MDD -22.7%).

Data 2018-05-01 ~ 2026-07-31daily bars 2,085 (8.2 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 10.0%, drawdown -36.5%).

Sharpe leader (same as main): Supertrend — CAGR 12.5%, MDD -22.7%, Sharpe 0.81, 66% exposure.

Return/drawdown alternative: Supertrend — CAGR is 2.5%p higher than buy and hold, while drawdown improves by 13.8%p (CAGR 12.5%, MDD -22.7%, exposure 66%).

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
Supertrend
period=28, mult=3.7
12.5%-22.7%0.810.552.6x1766%
볼린저 밴드 돌파
n=25, k=3.1
4.9%-6.4%0.800.771.5x67%
ROC 모멘텀
n=157, threshold=0.16
7.1%-17.3%0.730.411.8x2923%
Donchian 채널 돌파
entryN=58, exitN=30
8.2%-21.5%0.630.381.9x1545%
Parabolic SAR
step=0.01, maxStep=0.26
7.3%-26.4%0.570.281.8x11356%
SMA 크로스오버
fast=10, slow=167
7.3%-25.3%0.540.291.8x2759%
EMA 크로스오버
fast=33, slow=85
7.2%-22.6%0.530.321.8x2160%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=25, mult=1.5
3.5%-18.1%0.420.201.3x3120%
ADX / DI 방향성
period=14, threshold=36
2.3%-15.6%0.400.151.2x2013%
MACD
fast=15, slow=39, signal=16
-0.2%-33.0%0.05-0.011.0x10550%
Buy and hold10.0%-36.5%0.560.272.2x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -9% -18% -27% -36% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdSupertrend
Supertrend maximum drawdown -22.7% (2021-09-16 → 2022-05-16), recovered after 1,350 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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