Trend-Following Backtester · Guide · backtest 한국어

equity · US

Flywire Corporation - Voting backtest

10 trend-following strategies were compared on the full daily history of Flywire Corporation - Voting. 10 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.5%, MDD -2.1%).

Data 2021-05-26 ~ 2026-07-31daily bars 1,301 (5.2 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -14.1%, drawdown -84.4%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 16.1%, MDD -46.5%, Sharpe 0.57, 64% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 30.2%p higher than buy and hold, while drawdown improves by 37.9%p (CAGR 0.5%, MDD -2.1%, exposure 0%).

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
ROC 모멘텀
n=34, threshold=-0.05
16.1%-46.5%0.570.352.2x6564%
MACD
fast=22, slow=29, signal=17
10.9%-43.5%0.460.251.7x5050%
SMA 크로스오버
fast=22, slow=49
6.6%-53.6%0.350.121.4x2152%
Supertrend
period=9, mult=2.2
4.7%-50.6%0.310.091.3x5050%
ADX / DI 방향성
period=25, threshold=33
0.5%-2.1%0.260.241.0x20%
Donchian 채널 돌파
entryN=15, exitN=30
1.7%-50.7%0.240.031.1x2368%
볼린저 밴드 돌파
n=19, k=1.7
2.6%-45.5%0.230.061.1x5230%
EMA 크로스오버
fast=25, slow=36
-0.1%-53.7%0.17-0.001.0x2350%
Parabolic SAR
step=0.01, maxStep=0.34
-0.9%-59.7%0.16-0.011.0x6848%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=14, mult=2
0.2%-30.2%0.090.011.0x1810%
Buy and hold-14.1%-84.4%0.02-0.170.5x1100%
1x 2022 2023 2024 2025 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -42% -63% -84% 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -46.5% (2023-08-01 → 2024-10-28), recovered after 1,065 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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