Trend-Following Backtester · Guide · backtest 한국어

equity · US

People Incorporated backtest

10 trend-following strategies were compared on the full daily history of People Incorporated. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1993-01-19 ~ 2026-07-31daily bars 8,441 (33.5 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 17.3%, drawdown -78.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.8%, MDD -68.0%, Sharpe 0.52, 67% exposure.

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
Donchian 채널 돌파
entryN=38, exitN=61
14.8%-68.0%0.520.22101.0x6967%
EMA 크로스오버
fast=31, slow=62
13.2%-73.2%0.500.1863.4x9958%
ADX / DI 방향성
period=22, threshold=36
6.9%-31.1%0.470.229.2x306%
SMA 크로스오버
fast=27, slow=70
11.0%-68.6%0.460.1633.2x12358%
Supertrend
period=9, mult=4.2
8.7%-70.4%0.390.1216.5x12656%
볼린저 밴드 돌파
n=61, k=1.6
6.8%-71.8%0.360.099.0x15042%
ROC 모멘텀
n=55, threshold=-0.01
6.7%-76.9%0.350.098.7x47560%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=22, mult=1.4
4.2%-74.8%0.280.064.0x23646%
Parabolic SAR
step=0.005, maxStep=0.06
3.4%-81.8%0.270.043.1x28655%
MACD
fast=16, slow=30, signal=17
-2.5%-93.3%0.11-0.030.4x46650%
Buy and hold17.3%-78.1%0.550.22212.2x1100%
1x 10x 100x 1994 1999 2004 2009 2014 2019 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -39% -59% -78% 1994 1999 2004 2009 2014 2019 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -68.0% (1995-11-27 → 2009-05-15), recovered after 5,939 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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