Trend-Following Backtester · Guide · backtest 한국어

equity · US

Bruker Corporation backtest

10 trend-following strategies were compared on the full daily history of Bruker Corporation. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 4.9%, MDD -50.7%).

Data 2000-08-04 ~ 2026-07-31daily bars 6,535 (26.0 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 3.9%, drawdown -94.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.1%, MDD -65.6%, Sharpe 0.42, 72% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 5.2%p higher than buy and hold, while drawdown improves by 29.3%p (CAGR 4.9%, MDD -50.7%, exposure 56%).

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=31, exitN=75
9.1%-65.6%0.420.149.6x5372%
Supertrend
period=10, mult=4.1
5.4%-86.0%0.320.063.9x9552%
SMA 크로스오버
fast=25, slow=187
4.9%-50.7%0.310.103.5x4356%
볼린저 밴드 돌파
n=57, k=1.1
3.8%-57.9%0.270.062.6x15545%
EMA 크로스오버
fast=28, slow=105
3.5%-62.0%0.270.062.5x7555%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=19, mult=1.9
3.2%-80.6%0.250.042.3x12340%
ROC 모멘텀
n=126, threshold=0.01
2.8%-75.9%0.250.042.1x18558%
MACD
fast=18, slow=53, signal=19
0.4%-82.7%0.190.001.1x26651%
ADX / DI 방향성
period=25, threshold=11
0.6%-83.9%0.180.011.2x31149%
Parabolic SAR
step=0.02, maxStep=0.1
-3.3%-85.7%0.09-0.040.4x49351%
Buy and hold3.9%-94.8%0.350.042.7x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -65.6% (2024-03-21 → 2026-04-29), 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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