Trend-Following Backtester · Guide · backtest 한국어

equity · US

Nordson Corporation backtest

10 trend-following strategies were compared on the full daily history of Nordson Corporation. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 1980-03-18 ~ 2026-07-31daily bars 11,687 (46.4 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 12.1%, drawdown -74.1%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 12.2%, MDD -75.3%, Sharpe 0.51, 100% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
Hold-like · Exposure 100%
n=1, threshold=-0.15
12.2%-75.3%0.510.16206.3x9100%
Donchian 채널 돌파
entryN=6, exitN=81
10.7%-68.0%0.490.16112.8x14588%
Parabolic SAR
step=0.01, maxStep=0.1
8.0%-72.6%0.440.1135.0x54356%
볼린저 밴드 돌파
n=33, k=3.4
3.5%-39.8%0.420.095.0x5410%
Supertrend
period=8, mult=2.9
6.9%-60.9%0.400.1122.2x26259%
ADX / DI 방향성
period=21, threshold=35
3.6%-44.0%0.350.085.1x9216%
SMA 크로스오버
fast=52, slow=83
5.4%-56.7%0.340.1011.6x15560%
EMA 크로스오버
fast=38, slow=115
4.8%-73.0%0.320.078.8x11363%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=21, mult=2.7
2.7%-51.4%0.240.053.4x15833%
MACD
fast=18, slow=90, signal=14
0.6%-81.7%0.140.011.3x52552%
Buy and hold12.1%-74.1%0.510.16201.2x1100%
1x 10x 100x 1981 1987 1993 1999 2005 2011 2017 2023 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -56% -75% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -75.3% (2008-07-22 → 2009-03-09), recovered after 841 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

Read next