Trend-Following Backtester · Guide · backtest 한국어

equity · US

CEVA, Inc. backtest

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

Data 2002-11-01 ~ 2026-07-31daily bars 5,973 (23.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 8.0%, drawdown -78.2%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 5.4%, MDD -32.6%, Sharpe 0.40, 12% exposure.

CAGR reference leader: Supertrend — CAGR 6.5%, MDD -69.0%, exposure 50%.

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
볼린저 밴드 돌파
n=34, k=3.2
5.4%-32.6%0.400.173.5x4212%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=15, mult=2
6.3%-63.1%0.360.104.3x10035%
Supertrend
period=14, mult=3.9
6.5%-69.0%0.360.094.5x9050%
EMA 크로스오버
fast=12, slow=84
5.3%-66.5%0.320.083.4x9451%
ADX / DI 방향성
period=32, threshold=33
1.9%-19.9%0.320.101.6x42%
SMA 크로스오버
fast=18, slow=76
4.4%-83.3%0.300.052.8x9552%
Donchian 채널 돌파
entryN=33, exitN=42
2.5%-82.1%0.250.031.8x6857%
MACD
fast=31, slow=59, signal=31
1.5%-87.5%0.220.021.4x16052%
ROC 모멘텀
n=62, threshold=-0.02
-0.9%-81.9%0.16-0.010.8x29357%
Parabolic SAR
step=0.005, maxStep=0.44
-1.5%-85.4%0.13-0.020.7x19449%
Buy and hold8.0%-78.2%0.400.106.2x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 Supertrend볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -20% -39% -59% -78% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdSupertrend볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -32.6% (2003-07-09 → 2014-11-04), recovered after 4,503 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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