Trend-Following Backtester · Guide · backtest 한국어

equity · US

IPG Photonics Corporation backtest

10 trend-following strategies were compared on the full daily history of IPG Photonics Corporation. 4 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 6.1%, MDD -24.6%).

Data 2006-12-13 ~ 2026-07-31daily bars 4,937 (19.6 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 6.3%, drawdown -81.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.5%, MDD -33.7%, Sharpe 0.52, 24% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 3.2%p higher than buy and hold, while drawdown improves by 47.4%p (CAGR 6.1%, MDD -24.6%, exposure 8%).

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=115, exitN=16
9.5%-33.7%0.520.286.0x4224%
ADX / DI 방향성
period=48, threshold=22
6.1%-24.6%0.490.253.2x128%
SMA 크로스오버
fast=38, slow=169
8.5%-54.0%0.410.165.0x3452%
볼린저 밴드 돌파
n=49, k=2
7.0%-46.0%0.390.153.7x7433%
Keltner 채널 돌파
emaPeriod=33, atrPeriod=23, mult=3.6
5.5%-45.9%0.360.122.9x5018%
ROC 모멘텀
n=111, threshold=0.03
6.5%-68.8%0.350.093.4x17048%
Supertrend
period=21, mult=4.6
5.0%-51.7%0.310.102.6x7047%
EMA 크로스오버
fast=53, slow=111
4.9%-66.3%0.310.072.6x3451%
MACD
fast=31, slow=43, signal=31
-2.6%-80.2%0.07-0.030.6x15250%
Parabolic SAR
step=0.005, maxStep=0.12
-4.9%-92.1%0.01-0.050.4x16851%
Buy and hold6.3%-81.1%0.360.083.3x1100%
1x 10x 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -81% 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -33.7% (2017-11-21 → 2020-05-13), recovered after 3,005 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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