Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Perpetua Resources Corp. backtest

10 trend-following strategies were compared on the full daily history of Perpetua Resources Corp.. 8 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 10.1%, MDD -24.5%).

Data 2011-07-20 ~ 2026-07-31daily bars 3,773 (15.0 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -1.9%, drawdown -95.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 18.5%, MDD -51.7%, Sharpe 0.63, 25% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 20.4%p higher than buy and hold, while drawdown improves by 43.5%p (CAGR 10.1%, MDD -24.5%, exposure 3%).

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=101, exitN=35
18.5%-51.7%0.630.3612.8x1825%
볼린저 밴드 돌파
n=18, k=3.5
10.1%-24.5%0.610.414.3x83%
SMA 크로스오버
fast=37, slow=184
18.0%-59.9%0.590.3012.0x1635%
ROC 모멘텀
n=107, threshold=0.14
13.2%-60.0%0.500.226.5x8829%
EMA 크로스오버
fast=33, slow=183
12.9%-72.1%0.490.186.2x1635%
ADX / DI 방향성
period=34, threshold=22
6.8%-47.6%0.370.142.7x2413%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=17, mult=4
4.7%-41.6%0.300.112.0x2211%
Supertrend
period=26, mult=4.3
1.4%-76.2%0.270.021.2x5841%
MACD
fast=6, slow=15, signal=14
-8.4%-96.9%0.07-0.090.3x36750%
Parabolic SAR
step=0.02, maxStep=0.14
-8.2%-92.2%0.07-0.090.3x28146%
Buy and hold-1.9%-95.2%0.31-0.020.8x1100%
0.1 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% -24% -48% -71% -95% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -51.7% (2016-08-16 → 2019-03-01), recovered after 1,441 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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