Trend-Following Backtester · Guide · backtest 한국어

equity · US

NWPX Infrastructure, Inc. backtest

10 trend-following strategies were compared on the full daily history of NWPX Infrastructure, Inc.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 8.2%, MDD -70.0%).

Data 1995-11-30 ~ 2026-07-31daily bars 7,716 (30.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 8.5%, drawdown -87.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.5%, MDD -76.2%, Sharpe 0.43, 77% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 1.0%p higher than buy and hold, while drawdown improves by 11.5%p (CAGR 8.2%, MDD -70.0%, exposure 58%).

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=15, exitN=51
9.5%-76.2%0.430.1216.1x8577%
SMA 크로스오버
fast=37, slow=73
8.2%-70.0%0.410.1211.1x9758%
EMA 크로스오버
fast=34, slow=62
4.4%-68.9%0.290.063.8x9159%
Supertrend
period=9, mult=5
3.3%-87.8%0.260.042.7x7959%
ADX / DI 방향성
period=48, threshold=26
1.8%-42.1%0.240.041.7x114%
ROC 모멘텀
n=54, threshold=-0.08
-0.8%-95.5%0.16-0.010.8x37774%
Keltner 채널 돌파
emaPeriod=16, atrPeriod=13, mult=3.8
0.7%-19.9%0.130.031.2x162%
볼린저 밴드 돌파
n=40, k=3.2
-0.7%-57.2%0.01-0.010.8x469%
MACD
fast=18, slow=40, signal=19
-5.7%-93.9%-0.03-0.060.2x36451%
Parabolic SAR
step=0.04, maxStep=0.28
-9.4%-98.0%-0.15-0.100.0x98350%
Buy and hold8.5%-87.7%0.410.1012.2x1100%
1x 10x 1996 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -66% -88% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -76.2% (2008-09-19 → 2016-04-04), recovered after 4,344 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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