Trend-Following Backtester · Guide · backtest 한국어

equity · US

Murphy USA Inc. backtest

10 trend-following strategies were compared on the full daily history of Murphy USA Inc.. 0 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester.

Data 2013-08-19 ~ 2026-07-31daily bars 3,257 (12.9 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 23.6%, drawdown -35.8%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 18.2%, MDD -32.0%, Sharpe 0.83, 68% 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
SMA 크로스오버
fast=25, slow=130
18.2%-32.0%0.830.578.8x2168%
Donchian 채널 돌파
entryN=12, exitN=77
17.2%-44.6%0.720.387.8x2987%
ROC 모멘텀
n=87, threshold=-0.02
15.0%-33.9%0.690.446.1x9172%
EMA 크로스오버
fast=57, slow=98
14.6%-38.4%0.670.385.9x2373%
Supertrend
period=26, mult=2.3
11.9%-38.0%0.600.314.3x11160%
볼린저 밴드 돌파
n=39, k=1.7
7.2%-25.3%0.450.282.5x8344%
Keltner 채널 돌파
emaPeriod=49, atrPeriod=16, mult=1.5
6.8%-28.4%0.410.242.3x8550%
MACD
fast=19, slow=46, signal=15
5.5%-47.7%0.360.122.0x14748%
Parabolic SAR
step=0.015, maxStep=0.38
3.1%-39.2%0.250.081.5x24355%
ADX / DI 방향성
period=10, threshold=37
1.9%-22.4%0.210.081.3x7215%
Buy and hold23.6%-35.8%0.850.6615.6x1100%
1x 10x 2014 2016 2018 2020 2022 2024 2026 SMA 크로스오버Buy and hold
SMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -9% -18% -27% -36% 2014 2016 2018 2020 2022 2024 2026 Buy and holdSMA 크로스오버
SMA 크로스오버 maximum drawdown -32.0% (2015-03-30 → 2018-02-08), recovered after 1,676 days.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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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