Trend-Following Backtester · Guide · backtest 한국어

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MAIRE S.p.A. backtest

10 trend-following strategies were compared on the full daily history of MAIRE S.p.A.. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 7.6%, MDD -41.0%).

Data 2007-11-26 ~ 2026-07-31daily bars 4,741 (18.7 years)Costs 0.5%Venue MILMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 3.1%, drawdown -95.1%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 18.5%, MDD -55.2%, Sharpe 0.71, 47% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 15.5%p higher than buy and hold, while drawdown improves by 39.8%p (CAGR 7.6%, MDD -41.0%, exposure 19%).

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=98, k=0.9
18.5%-55.2%0.710.3424.0x5447%
EMA 크로스오버
fast=8, slow=49
15.9%-57.2%0.610.2815.7x10454%
Supertrend
period=19, mult=4.5
15.6%-56.9%0.610.2714.9x5651%
Donchian 채널 돌파
entryN=35, exitN=26
14.1%-55.6%0.590.2511.7x6046%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=10, mult=2.6
11.2%-43.8%0.530.267.3x6235%
SMA 크로스오버
fast=26, slow=62
11.7%-74.0%0.490.167.8x7454%
ROC 모멘텀
n=14, threshold=0.09
7.6%-41.0%0.430.183.9x34419%
ADX / DI 방향성
period=20, threshold=20
6.2%-52.7%0.370.123.1x13426%
MACD
fast=14, slow=58, signal=11
5.1%-79.2%0.310.062.5x25050%
Parabolic SAR
step=0.015, maxStep=0.12
3.1%-71.8%0.260.041.8x31652%
Buy and hold3.1%-95.1%0.310.031.8x1100%
0.1 1x 10x 2008 2011 2014 2017 2020 2023 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -71% -95% 2008 2011 2014 2017 2020 2023 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -55.2% (2011-01-12 → 2013-08-30), recovered after 1,181 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

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