Trend-Following Backtester · Guide · backtest 한국어

equity · US

Intel Corporation backtest

10 trend-following strategies were compared on the full daily history of Intel Corporation. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 10.2%, MDD -50.7%).

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.9%, drawdown -83.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.2%, MDD -50.7%, Sharpe 0.49, 49% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 10.3%, MDD -64.8%, exposure 57%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.7%p lower than buy and hold, while drawdown improves by 33.1%p (CAGR 10.2%, MDD -50.7%, exposure 49%).

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=93, exitN=65
10.2%-50.7%0.490.2091.4x7749%
SMA 크로스오버
fast=57, slow=144
10.3%-64.8%0.470.1695.1x8557%
EMA 크로스오버
fast=51, slow=81
8.7%-68.0%0.430.1347.7x10758%
볼린저 밴드 돌파
n=54, k=3.1
5.4%-46.9%0.420.1111.4x4411%
ROC 모멘텀
n=133, threshold=0.07
6.7%-80.5%0.370.0820.0x35749%
Supertrend
period=24, mult=2.8
6.2%-74.9%0.350.0816.3x39453%
ADX / DI 방향성
period=17, threshold=29
4.1%-59.0%0.340.076.4x13413%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=21, mult=4
3.8%-63.4%0.300.065.7x11019%
Parabolic SAR
step=0.005, maxStep=0.36
1.7%-87.1%0.200.022.2x41653%
MACD
fast=18, slow=41, signal=23
0.5%-93.9%0.160.011.3x51852%
Buy and hold12.9%-83.9%0.500.15275.7x1100%
1x 10x 100x 1981 1987 1993 1999 2005 2011 2017 2023 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -21% -42% -63% -84% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -50.7% (2000-08-31 → 2003-04-25), recovered after 3,420 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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