Trend-Following Backtester · Guide · backtest 한국어

equity · US

Banner Corporation backtest

10 trend-following strategies were compared on the full daily history of Banner Corporation. 8 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 1.0%, MDD -25.3%).

Data 1995-11-01 ~ 2026-07-31daily bars 7,736 (30.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -0.1%, drawdown -96.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 3.4%, MDD -47.3%, Sharpe 0.29, 29% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 3.9%, MDD -77.8%, exposure 55%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 3.5%p higher than buy and hold, while drawdown improves by 49.3%p (CAGR 1.0%, MDD -25.3%, exposure 1%).

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=81, exitN=15
3.4%-47.3%0.290.072.8x9729%
SMA 크로스오버
fast=56, slow=194
3.9%-77.8%0.280.053.2x4555%
Supertrend
period=9, mult=4.6
2.1%-58.8%0.210.041.9x8952%
EMA 크로스오버
fast=48, slow=77
2.0%-79.7%0.200.021.8x7955%
ROC 모멘텀
n=10, threshold=-0.1
0.3%-92.8%0.190.001.1x23194%
Keltner 채널 돌파
emaPeriod=13, atrPeriod=14, mult=3.4
1.0%-25.3%0.190.041.4x121%
ADX / DI 방향성
period=17, threshold=38
0.9%-41.5%0.150.021.3x365%
Parabolic SAR
step=0.005, maxStep=0.2
-0.6%-71.5%0.13-0.010.8x26753%
볼린저 밴드 돌파
n=55, k=1.8
-0.1%-58.5%0.11-0.001.0x14736%
MACD
fast=11, slow=27, signal=9
-6.5%-92.5%-0.06-0.070.1x64650%
Buy and hold-0.1%-96.5%0.22-0.001.0x1100%
1x 1996 2000 2004 2008 2012 2016 2020 2024 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -24% -48% -72% -97% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -47.3% (2010-04-23 → 2012-01-19), recovered after 2,432 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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