Trend-Following Backtester · Guide · backtest 한국어

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SBM Offshore NV backtest

10 trend-following strategies were compared on the full daily history of SBM Offshore NV. 0 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester.

Data 1998-07-20 ~ 2026-07-31daily bars 7,214 (28.0 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 3.4%, drawdown -74.7%).

Sharpe leader (same as main): MACD — CAGR -0.1%, MDD -64.5%, Sharpe 0.11, 48% exposure.

CAGR reference leader: ADX / DI 방향성 — CAGR 0.3%, MDD -12.0%, exposure 1%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
MACD
fast=11, slow=32, signal=19
-0.1%-64.5%0.11-0.001.0x39148%
ADX / DI 방향성
period=25, threshold=34
0.3%-12.0%0.100.021.1x121%
SMA 크로스오버
fast=34, slow=206
-1.8%-86.2%0.04-0.020.6x5556%
EMA 크로스오버
fast=54, slow=178
-1.6%-89.0%0.04-0.020.6x4955%
Donchian 채널 돌파
entryN=77, exitN=51
-1.7%-85.3%0.01-0.020.6x6248%
볼린저 밴드 돌파
n=51, k=3.5
-0.4%-38.0%-0.02-0.010.9x207%
Supertrend
period=21, mult=2.1
-3.4%-78.7%-0.02-0.040.4x36055%
Keltner 채널 돌파
emaPeriod=51, atrPeriod=16, mult=3.9
-2.0%-64.6%-0.10-0.030.6x7422%
Parabolic SAR
step=0.03, maxStep=0.24
-5.4%-87.0%-0.11-0.060.2x77452%
ROC 모멘텀
n=73, threshold=0.04
-4.7%-87.7%-0.14-0.050.3x36246%
Buy and hold3.4%-74.7%0.270.052.5x1100%
1x 1999 2003 2007 2011 2015 2019 2023 ADX / DI 방향성MACDBuy and hold
MACD (Sharpe leader), ADX / DI 방향성 (CAGR reference), Buy and hold.
0% -19% -37% -56% -75% 1999 2003 2007 2011 2015 2019 2023 Buy and holdADX / DI 방향성MACD
MACD maximum drawdown -64.5% (1999-07-20 → 2011-10-04), prior peak not yet recovered.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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