Trend-Following Backtester · Guide · backtest 한국어

equity · SE

EQT AB backtest

10 trend-following strategies were compared on the full daily history of EQT AB. 2 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 29.4%, MDD -44.3%).

Data 2019-09-24 ~ 2026-07-31daily bars 1,721 (6.9 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 20.5%, drawdown -64.7%).

Sharpe leader (same as main): Supertrend — CAGR 29.4%, MDD -44.3%, Sharpe 0.99, 52% exposure.

Return/drawdown alternative: Supertrend — CAGR is 9.0%p higher than buy and hold, while drawdown improves by 20.4%p (CAGR 29.4%, MDD -44.3%, exposure 52%).

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=20, mult=1.7
29.4%-44.3%0.990.665.9x9552%
볼린저 밴드 돌파
n=21, k=0.9
18.6%-46.2%0.740.403.2x9947%
Donchian 채널 돌파
entryN=6, exitN=12
22.0%-50.5%0.740.443.9x7169%
ROC 모멘텀
n=144, threshold=-0.01
19.5%-41.4%0.730.473.4x5454%
ADX / DI 방향성
period=31, threshold=40
3.8%-13.1%0.730.291.3x42%
MACD
fast=7, slow=27, signal=7
19.1%-55.0%0.710.353.3x15550%
EMA 크로스오버
fast=24, slow=120
18.7%-53.7%0.700.353.2x1755%
Parabolic SAR
step=0.01, maxStep=0.12
15.5%-47.1%0.620.332.7x9553%
SMA 크로스오버
fast=29, slow=124
10.4%-65.1%0.470.162.0x2054%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=14, mult=3.2
8.5%-33.9%0.470.251.8x2332%
Buy and hold20.5%-64.7%0.640.323.6x1100%
1x 2020 2021 2022 2023 2024 2025 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -49% -65% 2020 2021 2022 2023 2024 2025 2026 Buy and holdSupertrend
Supertrend maximum drawdown -44.3% (2022-04-05 → 2026-07-08), prior peak not yet recovered.

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

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