Trend-Following Backtester · Guide · backtest 한국어

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Blackrock Core Bond Trust backtest

10 trend-following strategies were compared on the full daily history of Blackrock Core Bond Trust. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.0%, MDD -0.5%).

Data 2001-11-28 ~ 2026-07-31daily bars 6,207 (24.7 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -2.1%, drawdown -49.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.4%, MDD -5.8%, Sharpe 0.29, 3% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 2.5%p higher than buy and hold, while drawdown improves by 43.5%p (CAGR 0.0%, MDD -0.5%, exposure 0%).

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
볼린저 밴드 돌파
n=38, k=3.5
0.4%-5.8%0.290.071.1x43%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=23, mult=4
0.3%-6.8%0.170.041.1x104%
ADX / DI 방향성
period=50, threshold=33
0.0%-0.5%0.130.081.0x20%
ROC 모멘텀
n=26, threshold=0.1
0.2%-7.1%0.090.031.0x181%
SMA 크로스오버
fast=38, slow=127
-1.2%-46.7%-0.09-0.020.8x5449%
Donchian 채널 돌파
entryN=74, exitN=64
-1.0%-35.8%-0.09-0.030.8x4247%
Supertrend
period=9, mult=3.1
-1.4%-31.3%-0.12-0.040.7x13251%
EMA 크로스오버
fast=43, slow=80
-1.5%-40.9%-0.13-0.040.7x5250%
MACD
fast=19, slow=32, signal=16
-5.3%-74.8%-0.55-0.070.3x28452%
Parabolic SAR
step=0.005, maxStep=0.18
-5.7%-77.3%-0.63-0.070.2x21752%
Buy and hold-2.1%-49.4%-0.09-0.040.6x1100%
1x 2002 2006 2010 2014 2018 2022 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -12% -25% -37% -49% 2002 2006 2010 2014 2018 2022 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -5.8% (2020-02-24 → 2020-03-02), prior peak not yet recovered.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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