Trend-Following Backtester · Guide · backtest 한국어

equity · IT

Infrastrutture Wireless Italiane S.p.A. backtest

10 trend-following strategies were compared on the full daily history of Infrastrutture Wireless Italiane S.p.A.. 1 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 4.7%, MDD -27.2%).

Data 2015-06-22 ~ 2026-07-31daily bars 2,825 (11.1 years)Costs 0.5%Venue MILMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 4.1%, drawdown -52.1%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 3.0%, MDD -12.6%, Sharpe 0.36, 15% exposure.

CAGR reference leader: Supertrend — CAGR 4.7%, MDD -27.2%, exposure 55%.

Return/drawdown alternative: Supertrend — CAGR is 1.1%p lower than buy and hold, while drawdown improves by 39.5%p (CAGR 4.7%, MDD -27.2%, exposure 55%).

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
볼린저 밴드 돌파
n=20, k=2.7
3.0%-12.6%0.360.241.4x3615%
Supertrend
period=12, mult=3.2
4.7%-27.2%0.350.171.7x5455%
SMA 크로스오버
fast=38, slow=268
2.1%-46.1%0.200.051.3x2055%
ADX / DI 방향성
period=18, threshold=35
1.0%-10.8%0.180.091.1x126%
Keltner 채널 돌파
emaPeriod=15, atrPeriod=24, mult=2.2
0.8%-22.3%0.130.041.1x3613%
EMA 크로스오버
fast=35, slow=217
-0.3%-52.0%0.08-0.011.0x2458%
MACD
fast=10, slow=46, signal=9
-1.4%-46.6%-0.00-0.030.9x18949%
Donchian 채널 돌파
entryN=65, exitN=55
-2.1%-51.6%-0.04-0.040.8x2249%
Parabolic SAR
step=0.005, maxStep=0.34
-2.5%-53.1%-0.06-0.050.8x10452%
ROC 모멘텀
n=108, threshold=-0.04
-4.5%-59.3%-0.14-0.080.6x11267%
Buy and hold4.1%-52.1%0.290.081.6x1100%
1x 2016 2018 2020 2022 2024 2026 Supertrend볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -13% -26% -39% -52% 2016 2018 2020 2022 2024 2026 Buy and holdSupertrend볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -12.6% (2015-12-02 → 2019-02-11), recovered after 1,178 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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