Trend-Following Backtester · Guide · backtest 한국어

equity · US

AAR Corp. backtest

10 trend-following strategies were compared on the full daily history of AAR Corp.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 10.6%, MDD -71.9%).

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 8.0%, drawdown -89.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.6%, MDD -71.9%, Sharpe 0.46, 83% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.6%p higher than buy and hold, while drawdown improves by 18.1%p (CAGR 10.6%, MDD -71.9%, exposure 83%).

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=10, exitN=52
10.6%-71.9%0.460.15109.0x17583%
EMA 크로스오버
fast=14, slow=97
5.9%-76.6%0.340.0814.1x16761%
Supertrend
period=12, mult=2.6
4.4%-68.5%0.290.067.3x44253%
ROC 모멘텀
n=135, threshold=0.1
4.2%-67.5%0.290.066.7x39347%
SMA 크로스오버
fast=6, slow=152
4.0%-83.4%0.280.056.2x19160%
Parabolic SAR
step=0.015, maxStep=0.06
4.0%-61.6%0.280.076.2x58652%
MACD
fast=24, slow=72, signal=13
2.8%-73.3%0.240.043.5x48851%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=14, mult=2.1
2.3%-66.4%0.210.032.8x25742%
볼린저 밴드 돌파
n=55, k=2.4
0.8%-63.2%0.140.011.4x16130%
ADX / DI 방향성
period=22, threshold=38
0.2%-24.4%0.060.011.1x343%
Buy and hold8.0%-89.9%0.400.0935.8x1100%
1x 10x 100x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -90% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -71.9% (2007-12-26 → 2008-11-20), recovered after 1,835 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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