Trend-Following Backtester · Guide · backtest 한국어

equity · US

Standex International Corporation backtest

10 trend-following strategies were compared on the full daily history of Standex International Corporation. 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 9.5%, drawdown -78.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.0%, MDD -79.0%, Sharpe 0.43, 93% 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=4, exitN=100
9.0%-79.0%0.430.1199.7x18193%
SMA 크로스오버
fast=41, slow=89
4.8%-64.0%0.310.0812.4x15758%
EMA 크로스오버
fast=43, slow=343
4.4%-84.7%0.300.0510.1x5568%
Supertrend
period=28, mult=3.7
2.0%-64.6%0.200.033.0x34255%
ROC 모멘텀
n=117, threshold=-0.04
0.9%-88.5%0.160.011.6x48570%
Parabolic SAR
step=0.005, maxStep=0.38
0.6%-84.1%0.140.011.4x41253%
볼린저 밴드 돌파
n=76, k=2.5
0.1%-53.4%0.090.001.0x12427%
MACD
fast=9, slow=31, signal=16
-1.8%-95.1%0.04-0.020.4x90049%
ADX / DI 방향성
period=15, threshold=14
-3.3%-92.8%-0.04-0.040.2x94848%
Keltner 채널 돌파
emaPeriod=44, atrPeriod=13, mult=2.3
-4.0%-94.3%-0.11-0.040.1x35036%
Buy and hold9.5%-78.3%0.430.12127.6x1100%
1x 10x 100x 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% -20% -39% -59% -79% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -79.0% (1997-11-05 → 2009-04-07), recovered after 5,286 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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