Trend-Following Backtester · Guide · backtest 한국어

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Benefit Systems S.A. backtest

10 trend-following strategies were compared on the full daily history of Benefit Systems S.A.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2011-04-26 ~ 2026-07-31daily bars 3,906 (15.3 years)Costs 0.5%Venue GPWMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 28.1%, drawdown -62.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 22.8%, MDD -63.9%, Sharpe 0.90, 63% exposure.

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
Donchian 채널 돌파
entryN=85, exitN=58
22.8%-63.9%0.900.3623.1x2163%
SMA 크로스오버
fast=34, slow=197
21.9%-63.1%0.830.3520.6x2166%
EMA 크로스오버
fast=58, slow=181
22.4%-62.3%0.830.3621.8x1770%
ADX / DI 방향성
period=32, threshold=22
12.9%-21.1%0.810.616.4x3720%
볼린저 밴드 돌파
n=80, k=1
18.2%-47.3%0.800.3812.8x6153%
Supertrend
period=24, mult=3.8
19.3%-44.3%0.790.4414.9x5962%
Parabolic SAR
step=0.01, maxStep=0.32
18.2%-42.6%0.760.4312.8x18458%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=17, mult=1.2
16.8%-36.7%0.740.4610.7x9353%
ROC 모멘텀
n=147, threshold=-0.02
17.0%-62.5%0.690.2711.0x10569%
MACD
fast=11, slow=28, signal=17
11.2%-39.0%0.550.295.0x22250%
Buy and hold28.1%-62.0%0.850.4544.0x1100%
1x 10x 2012 2014 2016 2018 2020 2022 2024 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -48% -64% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -63.9% (2020-02-21 → 2022-10-03), recovered after 1,231 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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