Trend-Following Backtester · Guide · backtest 한국어

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Franklin FTSE backtest

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

Data 2017-11-06 ~ 2026-07-31daily bars 2,194 (8.7 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 4.6%, drawdown -46.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 3.3%, MDD -20.7%, Sharpe 0.35, 51% 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=78, exitN=62
3.3%-20.7%0.350.161.3x1351%
EMA 크로스오버
fast=41, slow=198
3.2%-19.3%0.320.161.3x1161%
SMA 크로스오버
fast=29, slow=172
3.1%-26.0%0.310.121.3x1760%
볼린저 밴드 돌파
n=11, k=2.9
0.2%-1.3%0.280.161.0x21%
ROC 모멘텀
n=123, threshold=-0.02
0.6%-35.7%0.110.021.1x4967%
Supertrend
period=14, mult=5
-0.7%-37.4%-0.00-0.020.9x4956%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=21, mult=1.9
-1.4%-25.0%-0.09-0.060.9x5146%
Parabolic SAR
step=0.015, maxStep=0.34
-2.2%-32.8%-0.11-0.070.8x14556%
MACD
fast=9, slow=23, signal=15
-2.0%-30.8%-0.12-0.060.8x14949%
ADX / DI 방향성
period=30, threshold=39
-0.7%-5.9%-0.40-0.120.9x20%
Buy and hold4.6%-46.6%0.330.101.5x1100%
1x 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% -12% -23% -35% -47% 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -20.7% (2021-06-02 → 2025-04-08), recovered after 1,540 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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