Trend-Following Backtester · Guide · backtest 한국어

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Sabre Corporation backtest

10 trend-following strategies were compared on the full daily history of Sabre Corporation. 9 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 1.1%, MDD -14.7%).

Data 2014-04-17 ~ 2026-07-31daily bars 3,090 (12.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -16.3%, drawdown -97.3%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 4.5%, MDD -54.8%, Sharpe 0.30, 17% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 20.9%p higher than buy and hold, while drawdown improves by 42.5%p (CAGR 1.1%, MDD -14.7%, exposure 3%).

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
n=159, threshold=0.25
4.5%-54.8%0.300.081.7x4217%
ADX / DI 방향성
period=22, threshold=30
1.1%-14.7%0.220.081.1x83%
MACD
fast=12, slow=41, signal=31
-1.3%-65.6%0.18-0.020.9x12450%
Keltner 채널 돌파
emaPeriod=8, atrPeriod=24, mult=3.1
1.1%-20.2%0.160.051.1x103%
Donchian 채널 돌파
entryN=132, exitN=45
-0.3%-39.6%0.08-0.011.0x1220%
SMA 크로스오버
fast=20, slow=33
-5.6%-71.7%0.03-0.080.5x10650%
EMA 크로스오버
fast=52, slow=162
-3.6%-64.2%-0.04-0.060.6x1733%
볼린저 밴드 돌파
n=15, k=3.3
-0.7%-27.4%-0.05-0.030.9x103%
Supertrend
period=8, mult=2.9
-9.1%-85.0%-0.07-0.110.3x8250%
Parabolic SAR
step=0.035, maxStep=0.42
-20.7%-97.6%-0.34-0.210.1x38349%
Buy and hold-16.3%-97.3%0.03-0.170.1x1100%
0.1 1x 2015 2017 2019 2021 2023 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -49% -73% -97% 2015 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -54.8% (2021-03-17 → 2024-11-01), prior peak not yet recovered.

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 selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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