Trend-Following Backtester · Guide · backtest 한국어

equity · US

Pegasystems Inc. backtest

10 trend-following strategies were compared on the full daily history of Pegasystems Inc.. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 6.2%, MDD -64.3%).

Data 1996-07-19 ~ 2026-07-31daily bars 7,556 (30.0 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.9%, drawdown -94.8%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 6.2%, MDD -64.3%, Sharpe 0.34, 39% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 1.7%p lower than buy and hold, while drawdown improves by 30.5%p (CAGR 6.2%, MDD -64.3%, exposure 39%).

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
ADX / DI 방향성
period=38, threshold=12
6.2%-64.3%0.340.106.2x20039%
SMA 크로스오버
fast=59, slow=282
5.9%-80.5%0.340.075.7x3661%
Donchian 채널 돌파
entryN=13, exitN=65
4.4%-92.4%0.340.053.7x9282%
볼린저 밴드 돌파
n=55, k=1.7
5.8%-74.0%0.330.085.4x12640%
EMA 크로스오버
fast=43, slow=50
5.7%-86.6%0.330.075.2x8058%
MACD
fast=25, slow=55, signal=29
4.1%-82.2%0.310.053.3x22353%
ROC 모멘텀
n=9, threshold=-0.09
1.2%-90.2%0.290.011.4x48587%
Supertrend
period=11, mult=2.6
2.8%-85.8%0.270.032.3x23656%
Keltner 채널 돌파
emaPeriod=72, atrPeriod=27, mult=0.6
2.5%-71.5%0.250.032.1x26452%
Parabolic SAR
step=0.02, maxStep=0.12
-0.5%-92.7%0.21-0.010.9x59252%
Buy and hold7.9%-94.8%0.430.089.8x1100%
1x 10x 1997 2001 2005 2009 2013 2017 2021 2025 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -64.3% (2019-04-26 → 2024-01-17), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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