Trend-Following Backtester · Guide · backtest 한국어

equity · US

East West Bancorp, Inc. backtest

10 trend-following strategies were compared on the full daily history of East West Bancorp, Inc.. 0 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 12.0%, MDD -54.9%).

Data 1999-02-03 ~ 2026-07-31daily bars 6,915 (27.5 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.8%, drawdown -92.5%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 11.0%, MDD -47.3%, Sharpe 0.51, 65% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 12.0%, MDD -54.9%, exposure 82%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.8%p lower than buy and hold, while drawdown improves by 45.2%p (CAGR 12.0%, MDD -54.9%, exposure 82%).

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
EMA 크로스오버
fast=39, slow=149
11.0%-47.3%0.510.2317.7x4165%
Donchian 채널 돌파
entryN=16, exitN=74
12.0%-54.9%0.490.2222.5x7182%
SMA 크로스오버
fast=55, slow=154
10.5%-57.8%0.470.1815.6x5163%
ADX / DI 방향성
period=33, threshold=17
6.4%-37.6%0.400.175.4x11726%
ROC 모멘텀
n=147, threshold=-0.04
7.5%-84.6%0.390.097.3x18170%
Supertrend
period=11, mult=3.7
7.0%-56.2%0.370.126.5x13958%
볼린저 밴드 돌파
n=57, k=3.4
2.8%-21.8%0.340.132.1x188%
MACD
fast=18, slow=40, signal=22
5.7%-78.5%0.330.074.6x28650%
Keltner 채널 돌파
emaPeriod=63, atrPeriod=16, mult=4
3.6%-41.3%0.300.092.6x7130%
Parabolic SAR
step=0.015, maxStep=0.1
0.8%-86.1%0.170.011.2x45555%
Buy and hold12.8%-92.5%0.490.1427.4x1100%
1x 10x 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파EMA 크로스오버Buy and hold
EMA 크로스오버 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -23% -46% -69% -93% 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파EMA 크로스오버
EMA 크로스오버 maximum drawdown -47.3% (2022-02-16 → 2023-03-13), recovered after 994 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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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