Trend-Following Backtester · Guide · backtest 한국어

equity · US

Snap-On Incorporated backtest

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

Data 1973-02-21 ~ 2026-07-31daily bars 13,474 (53.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.4%, drawdown -70.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 3.4%, MDD -74.0%, Sharpe 0.26, 77% 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=10, exitN=41
3.4%-74.0%0.260.056.0x24577%
SMA 크로스오버
fast=41, slow=89
2.3%-61.6%0.210.043.4x16561%
EMA 크로스오버
fast=26, slow=212
1.8%-69.6%0.190.032.5x10566%
Supertrend
period=24, mult=4.5
1.4%-73.8%0.170.022.1x20758%
ADX / DI 방향성
period=14, threshold=50
0.2%-15.1%0.130.021.1x181%
ROC 모멘텀
n=81, threshold=-0.04
-0.7%-79.3%0.08-0.010.7x50171%
Parabolic SAR
step=0.005, maxStep=0.4
-0.9%-80.8%0.06-0.010.6x43955%
볼린저 밴드 돌파
n=38, k=3.5
-0.3%-37.1%-0.02-0.010.9x405%
MACD
fast=14, slow=42, signal=13
-4.8%-94.6%-0.14-0.050.1x81250%
Keltner 채널 돌파
emaPeriod=41, atrPeriod=22, mult=2
-3.3%-84.6%-0.14-0.040.2x34937%
Buy and hold7.4%-70.1%0.390.1145.4x1100%
1x 10x 1974 1981 1988 1995 2002 2009 2016 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -74% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -74.0% (1973-04-16 → 1978-03-07), recovered after 5,218 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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