Trend-Following Backtester · Guide · backtest 한국어

equity · US

Limbach Holdings, Inc. backtest

10 trend-following strategies were compared on the full daily history of Limbach Holdings, Inc.. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 23.7%, MDD -31.5%).

Data 2014-08-08 ~ 2026-07-31daily bars 3,012 (12.0 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 18.4%, drawdown -84.1%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 23.7%, MDD -31.5%, Sharpe 0.91, 21% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 30.4%, MDD -53.9%, exposure 55%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.4%p higher than buy and hold, while drawdown improves by 52.6%p (CAGR 23.7%, MDD -31.5%, exposure 21%).

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=52, k=3.3
23.7%-31.5%0.910.7512.8x1621%
EMA 크로스오버
fast=17, slow=22
30.4%-53.9%0.850.5624.1x8655%
SMA 크로스오버
fast=44, slow=85
27.4%-53.5%0.800.5118.3x3653%
ROC 모멘텀
n=61, threshold=0.05
25.6%-57.5%0.770.4515.4x7440%
Supertrend
period=15, mult=4.2
24.9%-55.9%0.740.4514.4x5456%
Parabolic SAR
step=0.005, maxStep=0.2
22.3%-51.9%0.710.4311.1x8250%
Keltner 채널 돌파
emaPeriod=75, atrPeriod=15, mult=2.5
21.2%-49.5%0.710.4310.0x4442%
Donchian 채널 돌파
entryN=27, exitN=51
21.9%-68.8%0.660.3210.7x3263%
ADX / DI 방향성
period=27, threshold=11
17.3%-51.4%0.610.346.7x15049%
MACD
fast=12, slow=31, signal=19
6.0%-69.3%0.350.092.0x17852%
Buy and hold18.4%-84.1%0.590.227.5x1100%
1x 10x 2015 2017 2019 2021 2023 2025 EMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -21% -42% -63% -84% 2015 2017 2019 2021 2023 2025 Buy and holdEMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -31.5% (2019-05-20 → 2020-07-13), recovered after 455 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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