Trend-Following Backtester · Guide · backtest 한국어

equity · US

Vulcan Materials Company (Holding Company) backtest

10 trend-following strategies were compared on the full daily history of Vulcan Materials Company (Holding Company). 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 10.8%, drawdown -78.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.2%, MDD -83.9%, Sharpe 0.47, 95% 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=2, exitN=78
9.2%-83.9%0.470.11113.0x23395%
SMA 크로스오버
fast=61, slow=342
6.7%-59.1%0.410.1131.8x4972%
ROC 모멘텀
n=151, threshold=-0.1
6.3%-71.4%0.380.0926.0x21984%
EMA 크로스오버
fast=59, slow=219
5.4%-65.6%0.360.0816.2x6373%
Supertrend
period=9, mult=3.8
2.9%-67.0%0.240.044.5x35859%
볼린저 밴드 돌파
n=55, k=2.4
2.0%-53.4%0.220.042.9x17031%
ADX / DI 방향성
period=37, threshold=20
1.4%-30.5%0.200.052.1x12818%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=20, mult=1.6
1.9%-58.2%0.190.032.7x43047%
Parabolic SAR
step=0.02, maxStep=0.12
1.2%-76.3%0.160.021.9x101454%
MACD
fast=19, slow=52, signal=14
1.0%-68.5%0.150.011.7x67050%
Buy and hold10.8%-78.8%0.500.14237.5x1100%
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% -21% -42% -63% -84% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -83.9% (2007-04-30 → 2011-10-07), recovered after 5,118 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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