Trend-Following Backtester · Guide · backtest 한국어

equity · GB

RWS Holdings plc backtest

10 trend-following strategies were compared on the full daily history of RWS Holdings plc. 9 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 6.2%, MDD -35.1%).

Data 2000-04-19 ~ 2026-07-31daily bars 6,688 (26.3 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -6.2%, drawdown -99.4%).

Sharpe leader (same as main): Supertrend — CAGR 13.3%, MDD -58.4%, Sharpe 0.36, 55% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 19.5%p higher than buy and hold, while drawdown improves by 41.0%p (CAGR 6.2%, MDD -35.1%, exposure 7%).

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=37, mult=5
13.3%-58.4%0.360.2326.8x6255%
SMA 크로스오버
fast=7, slow=197
6.4%-71.8%0.320.095.1x5556%
볼린저 밴드 돌파
n=16, k=3.3
6.2%-35.1%0.320.184.8x447%
EMA 크로스오버
fast=40, slow=205
4.6%-61.7%0.310.073.2x2456%
ROC 모멘텀
n=146, threshold=-0.09
4.2%-69.9%0.260.062.9x12966%
Donchian 채널 돌파
entryN=67, exitN=78
5.8%-83.9%0.260.074.4x3861%
Keltner 채널 돌파
emaPeriod=15, atrPeriod=27, mult=3
8.0%-39.6%0.250.207.6x388%
ADX / DI 방향성
period=31, threshold=35
0.9%-50.6%0.120.021.3x122%
Parabolic SAR
step=0.02, maxStep=0.2
-3.4%-96.0%0.11-0.040.4x52548%
MACD
fast=9, slow=38, signal=5
-6.7%-97.4%0.08-0.070.2x59550%
Buy and hold-6.2%-99.4%0.14-0.060.2x1100%
0.01 0.1 1x 10x 2001 2005 2009 2013 2017 2021 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -99% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrend
Supertrend maximum drawdown -58.4% (2000-10-04 → 2003-07-29), recovered after 1,104 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

Read next