Trend-Following Backtester · Guide · backtest 한국어

equity · US

Travel Leisure Co. backtest

10 trend-following strategies were compared on the full daily history of Travel Leisure Co.. 3 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 12.4%, MDD -41.0%).

Data 2006-07-19 ~ 2026-07-31daily bars 5,040 (20.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 8.5%, drawdown -92.5%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 12.4%, MDD -41.0%, Sharpe 0.57, 60% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 3.9%p higher than buy and hold, while drawdown improves by 51.4%p (CAGR 12.4%, MDD -41.0%, exposure 60%).

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=131
12.4%-41.0%0.570.3010.5x4360%
EMA 크로스오버
fast=36, slow=264
10.3%-56.7%0.520.187.1x2160%
Donchian 채널 돌파
entryN=56, exitN=39
9.9%-50.5%0.500.206.6x4952%
ADX / DI 방향성
period=33, threshold=19
6.1%-45.1%0.420.133.2x6216%
Supertrend
period=27, mult=5
7.5%-62.2%0.400.124.3x6360%
ROC 모멘텀
n=128, threshold=-0.06
7.0%-71.5%0.380.103.9x13971%
Keltner 채널 돌파
emaPeriod=75, atrPeriod=18, mult=1.1
5.8%-63.6%0.350.093.1x14354%
볼린저 밴드 돌파
n=51, k=2.5
5.1%-37.9%0.350.132.7x4624%
Parabolic SAR
step=0.01, maxStep=0.14
2.0%-65.2%0.210.031.5x28555%
MACD
fast=12, slow=43, signal=9
-1.3%-73.9%0.11-0.020.8x38749%
Buy and hold8.5%-92.5%0.410.095.2x1100%
0.1 1x 10x 2007 2010 2013 2016 2019 2022 2025 SMA 크로스오버Buy and hold
SMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -46% -69% -92% 2007 2010 2013 2016 2019 2022 2025 Buy and holdSMA 크로스오버
SMA 크로스오버 maximum drawdown -41.0% (2021-05-14 → 2024-01-12), prior peak not yet recovered.

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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