Trend-Following Backtester · Guide · backtest 한국어

equity · US

Unum Group backtest

10 trend-following strategies were compared on the full daily history of Unum Group. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 5.8%, MDD -71.4%).

Data 1986-11-06 ~ 2026-07-31daily bars 10,008 (39.7 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 6.5%, drawdown -90.4%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 1.6%, MDD -17.7%, Sharpe 0.36, 4% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 5.8%, MDD -71.4%, exposure 77%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 4.9%p lower than buy and hold, while drawdown improves by 72.7%p (CAGR 5.8%, MDD -71.4%, exposure 77%).

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
ADX / DI 방향성
period=29, threshold=31
1.6%-17.7%0.360.091.9x164%
EMA 크로스오버
fast=57, slow=120
5.8%-79.2%0.360.079.3x6563%
Donchian 채널 돌파
entryN=15, exitN=46
5.8%-71.4%0.340.089.4x14577%
ROC 모멘텀
n=168, threshold=0.03
4.8%-76.4%0.330.066.5x25958%
SMA 크로스오버
fast=34, slow=179
5.1%-73.1%0.330.077.1x6362%
볼린저 밴드 돌파
n=59, k=3.4
1.9%-20.3%0.280.092.1x2611%
Supertrend
period=13, mult=5
2.6%-65.5%0.230.042.8x13358%
Parabolic SAR
step=0.005, maxStep=0.2
1.0%-73.2%0.160.011.5x33655%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=8, mult=4
1.0%-62.0%0.150.021.5x9425%
MACD
fast=11, slow=53, signal=18
-0.2%-74.1%0.11-0.000.9x54651%
Buy and hold6.5%-90.4%0.360.0712.2x1100%
1x 10x 1987 1992 1997 2002 2007 2012 2017 2022 Donchian 채널 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -23% -45% -68% -90% 1987 1992 1997 2002 2007 2012 2017 2022 Buy and holdDonchian 채널 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -17.7% (1989-12-11 → 2013-02-25), recovered after 9,928 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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