Trend-Following Backtester · Guide · backtest 한국어

equity · US

BorgWarner Inc. backtest

10 trend-following strategies were compared on the full daily history of BorgWarner Inc.. 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 11.3%, MDD -55.8%).

Data 1993-08-13 ~ 2026-07-31daily bars 8,297 (33.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 10.0%, drawdown -72.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 11.3%, MDD -55.8%, Sharpe 0.49, 92% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.3%p higher than buy and hold, while drawdown improves by 16.7%p (CAGR 11.3%, MDD -55.8%, exposure 92%).

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=5, exitN=91
11.3%-55.8%0.490.2034.2x9992%
EMA 크로스오버
fast=54, slow=324
7.1%-56.6%0.400.129.5x2964%
Supertrend
period=22, mult=3.8
6.3%-56.0%0.380.117.4x18257%
SMA 크로스오버
fast=18, slow=51
5.5%-58.8%0.350.095.8x17257%
MACD
fast=28, slow=46, signal=29
5.0%-73.2%0.320.075.0x25851%
볼린저 밴드 돌파
n=47, k=1.8
3.5%-63.4%0.280.053.1x16638%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=24, mult=2.3
3.4%-50.6%0.270.073.0x16842%
ROC 모멘텀
n=104, threshold=-0.03
2.9%-73.3%0.240.042.5x30166%
ADX / DI 방향성
period=13, threshold=22
2.4%-72.8%0.220.032.2x37031%
Parabolic SAR
step=0.005, maxStep=0.34
-2.5%-89.0%0.01-0.030.4x31055%
Buy and hold10.0%-72.5%0.450.1423.1x1100%
1x 10x 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% -18% -36% -54% -73% 1994 1999 2004 2009 2014 2019 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -55.8% (2008-05-16 → 2009-03-06), recovered after 381 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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