Trend-Following Backtester · Guide · backtest 한국어

equity · US

Imax Corporation backtest

10 trend-following strategies were compared on the full daily history of Imax Corporation. 6 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 11.0%, MDD -64.3%).

Data 1994-06-10 ~ 2026-07-31daily bars 8,089 (32.1 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 6.4%, drawdown -98.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 11.3%, MDD -75.1%, Sharpe 0.46, 69% exposure.

Return/drawdown alternative: Supertrend — CAGR is 4.9%p higher than buy and hold, while drawdown improves by 23.2%p (CAGR 11.0%, MDD -64.3%, exposure 55%).

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=22, exitN=43
11.3%-75.1%0.460.1530.8x11569%
Supertrend
period=25, mult=3
11.0%-64.3%0.460.1728.6x21355%
Parabolic SAR
step=0.01, maxStep=0.22
8.9%-80.7%0.410.1115.5x39954%
SMA 크로스오버
fast=14, slow=54
8.2%-74.5%0.390.1112.6x17957%
ADX / DI 방향성
period=15, threshold=6
7.7%-78.2%0.380.1010.9x62355%
EMA 크로스오버
fast=26, slow=43
6.6%-87.0%0.350.087.9x14957%
Keltner 채널 돌파
emaPeriod=39, atrPeriod=27, mult=3.1
5.3%-67.8%0.330.085.2x10324%
MACD
fast=19, slow=51, signal=12
4.0%-92.9%0.300.043.6x38951%
ROC 모멘텀
n=74, threshold=0
3.9%-86.4%0.280.043.4x38757%
볼린저 밴드 돌파
n=24, k=1.1
3.0%-80.5%0.250.042.6x40743%
Buy and hold6.4%-98.2%0.400.077.3x1100%
0.1 1x 10x 1995 1999 2003 2007 2011 2015 2019 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -49% -74% -98% 1995 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -75.1% (1997-07-16 → 2001-10-09), recovered after 1,694 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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