Trend-Following Backtester · Guide · backtest 한국어

equity · US

Benchmark Electronics, Inc. backtest

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

Data 1990-06-27 ~ 2026-07-31daily bars 9,089 (36.1 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.8%, drawdown -75.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.0%, MDD -71.6%, Sharpe 0.42, 82% 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=11, exitN=53
9.0%-71.6%0.420.1322.5x14382%
볼린저 밴드 돌파
n=77, k=1.6
6.6%-66.9%0.380.1010.0x12841%
EMA 크로스오버
fast=29, slow=134
6.2%-55.5%0.360.118.9x7958%
ADX / DI 방향성
period=32, threshold=37
0.8%-15.6%0.300.051.3x21%
SMA 크로스오버
fast=45, slow=168
4.0%-72.6%0.290.054.1x6757%
MACD
fast=12, slow=58, signal=23
1.7%-88.2%0.200.021.8x42450%
Supertrend
period=24, mult=4.2
1.3%-72.2%0.190.021.6x17659%
ROC 모멘텀
n=67, threshold=0.04
1.0%-85.3%0.170.011.4x46547%
Keltner 채널 돌파
emaPeriod=48, atrPeriod=14, mult=3
1.3%-60.3%0.160.021.6x15030%
Parabolic SAR
step=0.025, maxStep=0.14
-5.7%-98.8%-0.05-0.060.1x82353%
Buy and hold10.8%-75.5%0.460.1440.8x1100%
1x 10x 1991 1996 2001 2006 2011 2016 2021 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -75% 1991 1996 2001 2006 2011 2016 2021 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -71.6% (2000-09-08 → 2001-10-30), recovered after 2,050 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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