Trend-Following Backtester · Guide · backtest 한국어

equity · US

NVR, Inc. backtest

10 trend-following strategies were compared on the full daily history of NVR, Inc.. 0 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 11.3%, MDD -69.1%).

Data 1985-07-22 ~ 2026-07-31daily bars 10,336 (41.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 13.8%, drawdown -99.5%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 12.3%, MDD -86.4%, Sharpe 0.50, 60% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.5%p lower than buy and hold, while drawdown improves by 13.1%p (CAGR 11.3%, MDD -69.1%, exposure 48%).

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
EMA 크로스오버
fast=17, slow=33
12.3%-86.4%0.500.14116.2x21460%
볼린저 밴드 돌파
n=71, k=1.4
11.3%-69.1%0.500.1679.6x18048%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=11, mult=1.9
10.7%-72.3%0.500.1564.2x20045%
Supertrend
period=17, mult=4.9
9.4%-91.1%0.460.1040.6x10958%
SMA 크로스오버
fast=11, slow=93
8.5%-91.8%0.430.0928.2x14361%
ADX / DI 방향성
period=22, threshold=24
7.9%-66.0%0.410.1223.0x15021%
Donchian 채널 돌파
entryN=88, exitN=47
6.7%-89.4%0.390.0714.3x8653%
ROC 모멘텀
n=81, threshold=0.04
4.2%-90.3%0.290.055.3x41853%
Parabolic SAR
step=0.01, maxStep=0.38
1.8%-87.5%0.270.022.1x50653%
MACD
fast=17, slow=54, signal=19
0.9%-94.3%0.240.011.5x41652%
Buy and hold13.8%-99.5%0.210.14201.4x1100%
0.01 0.1 1x 10x 100x 1986 1992 1998 2004 2010 2016 2022 EMA 크로스오버Buy and hold
EMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 1986 1992 1998 2004 2010 2016 2022 Buy and holdEMA 크로스오버
EMA 크로스오버 maximum drawdown -86.4% (1992-01-30 → 1993-11-24), recovered after 3,147 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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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