Trend-Following Backtester · Guide · backtest 한국어

equity · US

Adobe Inc. backtest

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

Data 1986-08-13 ~ 2026-07-31daily bars 10,068 (40.0 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 19.4%, drawdown -79.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 17.9%, MDD -77.4%, Sharpe 0.60, 88% 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=8, exitN=70
17.9%-77.4%0.600.23720.1x13788%
ROC 모멘텀
n=71, threshold=-0.15
16.3%-68.0%0.580.24423.7x21783%
EMA 크로스오버
fast=40, slow=88
13.5%-73.8%0.540.18157.7x8865%
Supertrend
period=13, mult=4.4
13.0%-72.3%0.530.18131.9x15558%
SMA 크로스오버
fast=23, slow=126
12.2%-77.0%0.510.1699.1x9463%
MACD
fast=30, slow=92, signal=10
10.5%-63.6%0.470.1653.5x40153%
Parabolic SAR
step=0.005, maxStep=0.12
9.4%-75.4%0.440.1236.1x34558%
Keltner 채널 돌파
emaPeriod=40, atrPeriod=29, mult=4
6.0%-54.5%0.420.1110.5x7818%
ADX / DI 방향성
period=21, threshold=39
2.9%-26.2%0.370.113.2x303%
볼린저 밴드 돌파
n=54, k=2.5
5.6%-58.9%0.350.108.8x12028%
Buy and hold19.4%-79.9%0.610.241181.5x1100%
1x 10x 100x 1,000x 1987 1992 1997 2002 2007 2012 2017 2022 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -40% -60% -80% 1987 1992 1997 2002 2007 2012 2017 2022 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -77.4% (2021-09-03 → 2026-06-12), prior peak not yet recovered.

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 carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupAll asset reports

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