Trend-Following Backtester · Guide · backtest 한국어

equity · US

Advanced Energy Industries, Inc. backtest

10 trend-following strategies were compared on the full daily history of Advanced Energy Industries, Inc.. 2 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 14.3%, MDD -66.1%).

Data 1995-11-17 ~ 2026-07-31daily bars 7,724 (30.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 11.6%, drawdown -92.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.3%, MDD -66.1%, Sharpe 0.52, 71% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.8%p higher than buy and hold, while drawdown improves by 26.4%p (CAGR 14.3%, MDD -66.1%, exposure 71%).

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=35, exitN=85
14.3%-66.1%0.520.2261.3x5871%
SMA 크로스오버
fast=6, slow=161
11.8%-72.2%0.480.1630.9x11258%
Supertrend
period=17, mult=5
11.0%-64.7%0.460.1724.4x9053%
EMA 크로스오버
fast=41, slow=64
11.0%-83.0%0.460.1324.5x7458%
볼린저 밴드 돌파
n=59, k=1.6
8.2%-74.3%0.410.1111.4x12841%
ROC 모멘텀
n=105, threshold=-0.04
7.8%-84.4%0.390.0910.0x25664%
MACD
fast=20, slow=66, signal=22
7.6%-74.4%0.380.109.5x27253%
ADX / DI 방향성
period=35, threshold=9
6.9%-81.8%0.360.087.7x32851%
Keltner 채널 돌파
emaPeriod=41, atrPeriod=25, mult=4
3.9%-67.1%0.290.063.2x5614%
Parabolic SAR
step=0.02, maxStep=0.24
-2.0%-91.6%0.15-0.020.5x68252%
Buy and hold11.6%-92.5%0.480.1328.8x1100%
1x 10x 1996 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -46% -69% -93% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -66.1% (2021-01-19 → 2025-05-23), recovered after 1,863 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 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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