Trend-Following Backtester · Guide · backtest 한국어

equity · CA

TFI International Inc. backtest

10 trend-following strategies were compared on the full daily history of TFI International Inc.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 13.6%, MDD -44.5%).

Data 2003-10-09 ~ 2026-07-31daily bars 5,727 (22.8 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 14.6%, drawdown -85.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 16.5%, MDD -59.0%, Sharpe 0.70, 81% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 1.9%p higher than buy and hold, while drawdown improves by 26.7%p (CAGR 13.6%, MDD -44.5%, exposure 66%).

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=21, exitN=79
16.5%-59.0%0.700.2832.5x4781%
EMA 크로스오버
fast=37, slow=159
13.6%-44.5%0.660.3118.3x3366%
ROC 모멘텀
n=151, threshold=-0.03
12.4%-48.4%0.610.2614.3x12968%
SMA 크로스오버
fast=17, slow=193
12.2%-49.8%0.610.2413.8x4364%
Supertrend
period=18, mult=3.4
11.9%-72.3%0.600.1613.0x11661%
볼린저 밴드 돌파
n=45, k=3.4
4.9%-16.6%0.590.303.0x2613%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=12, mult=2.7
9.0%-26.7%0.590.347.2x8640%
ADX / DI 방향성
period=24, threshold=39
1.3%-8.7%0.380.151.4x123%
MACD
fast=17, slow=34, signal=19
5.2%-79.0%0.340.073.2x25251%
Parabolic SAR
step=0.005, maxStep=0.44
1.7%-80.2%0.190.021.5x21057%
Buy and hold14.6%-85.7%0.570.1722.4x1100%
1x 10x 2004 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -59.0% (2005-01-31 → 2009-04-20), recovered after 1,856 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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