Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Finning International Inc. backtest

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

Data 1995-01-12 ~ 2026-07-31daily bars 7,930 (31.5 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.8%, drawdown -69.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.8%, MDD -41.0%, Sharpe 0.43, 55% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 6.8%, MDD -46.4%, exposure 60%.

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=98, exitN=73
6.8%-41.0%0.430.177.9x4355%
EMA 크로스오버
fast=20, slow=81
6.8%-46.4%0.410.158.0x9960%
SMA 크로스오버
fast=56, slow=91
6.7%-51.7%0.410.137.7x8959%
Supertrend
period=15, mult=4.6
6.4%-43.8%0.400.157.1x10357%
볼린저 밴드 돌파
n=76, k=1.8
5.1%-31.6%0.370.164.9x10243%
ADX / DI 방향성
period=31, threshold=22
2.3%-31.6%0.290.072.0x6212%
ROC 모멘텀
n=133, threshold=0.02
2.7%-55.6%0.230.052.3x27558%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=11, mult=2.6
1.6%-43.6%0.180.041.6x13638%
Parabolic SAR
step=0.01, maxStep=0.14
-2.8%-82.9%-0.03-0.030.4x41053%
MACD
fast=18, slow=25, signal=13
-5.1%-96.1%-0.14-0.050.2x47649%
Buy and hold9.8%-69.7%0.460.1419.2x1100%
1x 10x 1996 2000 2004 2008 2012 2016 2020 2024 EMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -17% -35% -52% -70% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdEMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -41.0% (2007-09-19 → 2009-11-30), recovered after 3,290 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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