Trend-Following Backtester · Guide · backtest 한국어

equity · US

Moog Inc. backtest

10 trend-following strategies were compared on the full daily history of Moog Inc.. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 1980-05-29 ~ 2026-07-31daily bars 11,637 (46.2 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 12.0%, drawdown -86.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 12.4%, MDD -88.3%, Sharpe 0.50, 100% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
ROC 모멘텀
Hold-like · Exposure 100%
n=4, threshold=-0.15
12.4%-88.3%0.500.14216.4x49100%
Donchian 채널 돌파
entryN=10, exitN=100
8.2%-77.4%0.400.1137.5x12790%
Supertrend
period=11, mult=4.2
6.8%-69.4%0.380.1020.6x20759%
SMA 크로스오버
fast=49, slow=137
5.5%-79.1%0.330.0711.9x9160%
EMA 크로스오버
fast=52, slow=64
5.4%-72.1%0.330.0711.1x11961%
ADX / DI 방향성
period=32, threshold=32
1.2%-28.0%0.190.041.7x265%
MACD
fast=26, slow=40, signal=19
0.6%-78.0%0.150.011.3x46849%
볼린저 밴드 돌파
n=37, k=3
0.7%-49.7%0.120.011.4x10014%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=12, mult=3.8
0.5%-50.3%0.100.011.3x727%
Parabolic SAR
step=0.035, maxStep=0.12
-4.2%-97.4%-0.03-0.040.1x112853%
Buy and hold12.0%-86.8%0.490.14189.3x1100%
1x 10x 100x 1981 1987 1993 1999 2005 2011 2017 2023 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -66% -88% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -88.3% (1981-06-08 → 1992-11-02), recovered after 5,923 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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