Trend-Following Backtester · Guide · backtest 한국어

equity · US

NPK International Inc. backtest

10 trend-following strategies were compared on the full daily history of NPK International Inc.. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 5.6%, MDD -42.2%).

Data 1990-09-06 ~ 2026-07-31daily bars 9,040 (35.9 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 6.3%, drawdown -97.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.5%, MDD -82.8%, Sharpe 0.43, 78% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 3.2%p higher than buy and hold, while drawdown improves by 14.4%p (CAGR 5.6%, MDD -42.2%, exposure 10%).

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=16, exitN=74
9.5%-82.8%0.430.1125.9x10678%
Supertrend
period=10, mult=4.9
8.8%-82.1%0.410.1121.0x10259%
ADX / DI 방향성
period=47, threshold=22
5.6%-42.2%0.410.137.0x2810%
MACD
fast=41, slow=59, signal=24
7.0%-79.3%0.370.0911.3x25650%
SMA 크로스오버
fast=27, slow=150
5.0%-62.5%0.320.085.8x7156%
EMA 크로스오버
fast=22, slow=103
4.9%-70.5%0.310.075.5x10856%
볼린저 밴드 돌파
n=32, k=2.9
2.0%-63.8%0.200.032.0x9014%
Parabolic SAR
step=0.005, maxStep=0.26
-1.1%-96.7%0.17-0.010.7x31649%
Keltner 채널 돌파
emaPeriod=47, atrPeriod=18, mult=0.9
-0.5%-94.8%0.15-0.000.8x35645%
ROC 모멘텀
n=72, threshold=-0.04
-2.0%-96.2%0.14-0.020.5x42063%
Buy and hold6.3%-97.2%0.400.079.1x1100%
1x 10x 1991 1996 2001 2006 2011 2016 2021 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -49% -73% -97% 1991 1996 2001 2006 2011 2016 2021 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -82.8% (1997-11-17 → 2009-07-08), recovered after 8,459 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 selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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