Trend-Following Backtester · Guide · backtest 한국어

equity · US

Materion Corporation backtest

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

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.2%, drawdown -89.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.2%, MDD -73.8%, Sharpe 0.35, 61% 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=22, exitN=31
6.2%-73.8%0.350.0815.9x21661%
SMA 크로스오버
fast=34, slow=208
4.4%-79.0%0.290.067.5x8156%
EMA 크로스오버
fast=124, slow=203
4.3%-71.7%0.290.066.9x4959%
Keltner 채널 돌파
emaPeriod=32, atrPeriod=28, mult=1.4
3.5%-61.5%0.260.064.8x41640%
볼린저 밴드 돌파
n=72, k=1.1
3.3%-67.9%0.260.054.6x23244%
Supertrend
period=13, mult=3.1
3.3%-65.5%0.260.054.5x34852%
Parabolic SAR
step=0.005, maxStep=0.36
3.2%-78.3%0.250.044.4x36652%
MACD
fast=18, slow=49, signal=18
3.0%-81.3%0.250.044.0x49250%
ROC 모멘텀
n=132, threshold=-0.01
2.4%-78.9%0.220.032.9x33959%
ADX / DI 방향성
period=38, threshold=34
0.2%-8.0%0.080.021.1x20%
Buy and hold7.2%-89.7%0.370.0825.1x1100%
1x 10x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -90% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -73.8% (2007-04-25 → 2016-05-10), recovered after 5,580 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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