Trend-Following Backtester · Guide · backtest 한국어

equity · US

Illinois Tool Works Inc. backtest

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

Data 1973-03-13 ~ 2026-07-31daily bars 13,460 (53.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 11.0%, drawdown -56.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.5%, MDD -55.6%, Sharpe 0.39, 85% 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=14, exitN=71
6.5%-55.6%0.390.1228.5x16385%
EMA 크로스오버
fast=22, slow=185
5.1%-54.1%0.350.0914.0x10968%
SMA 크로스오버
fast=44, slow=186
4.7%-59.9%0.330.0811.6x8165%
Supertrend
period=24, mult=4.2
3.1%-60.3%0.260.055.2x28360%
ROC 모멘텀
n=125, threshold=-0.04
2.3%-67.6%0.210.033.3x40973%
ADX / DI 방향성
period=24, threshold=44
0.3%-11.2%0.170.021.2x20%
Keltner 채널 돌파
emaPeriod=101, atrPeriod=17, mult=1.3
1.4%-61.8%0.170.022.1x34156%
MACD
fast=21, slow=44, signal=18
0.4%-66.5%0.110.011.2x58150%
볼린저 밴드 돌파
n=22, k=3.3
0.2%-21.0%0.080.011.1x323%
Parabolic SAR
step=0.005, maxStep=0.34
-0.6%-70.6%0.06-0.010.7x46954%
Buy and hold11.0%-56.7%0.520.19256.5x1100%
1x 10x 100x 1974 1981 1988 1995 2002 2009 2016 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -28% -43% -57% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -55.6% (1973-11-01 → 1978-03-27), recovered after 3,522 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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