Trend-Following Backtester · Guide · backtest 한국어

equity · CA

AltaGas Ltd. backtest

10 trend-following strategies were compared on the full daily history of AltaGas Ltd.. 5 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 7.4%, MDD -38.4%).

Data 2004-05-17 ~ 2026-07-31daily bars 5,576 (22.2 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 4.9%, drawdown -82.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.4%, MDD -38.4%, Sharpe 0.56, 57% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.5%p higher than buy and hold, while drawdown improves by 43.9%p (CAGR 7.4%, MDD -38.4%, exposure 57%).

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=76, exitN=63
7.4%-38.4%0.560.194.9x2757%
EMA 크로스오버
fast=67, slow=81
5.8%-54.0%0.430.113.5x2961%
SMA 크로스오버
fast=55, slow=189
6.1%-63.2%0.430.103.7x2560%
ROC 모멘텀
n=128, threshold=-0.01
5.5%-49.5%0.420.113.3x12563%
Supertrend
period=17, mult=4.9
5.3%-54.0%0.420.103.1x5561%
ADX / DI 방향성
period=39, threshold=25
0.9%-9.5%0.260.091.2x74%
볼린저 밴드 돌파
n=55, k=2.5
1.9%-23.4%0.240.081.5x5827%
Keltner 채널 돌파
emaPeriod=39, atrPeriod=27, mult=3.2
1.7%-29.7%0.230.061.4x6023%
Parabolic SAR
step=0.01, maxStep=0.12
-2.0%-73.4%-0.04-0.030.6x29156%
MACD
fast=14, slow=56, signal=16
-4.6%-78.7%-0.20-0.060.4x28950%
Buy and hold4.9%-82.4%0.320.062.9x1100%
1x 2005 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -38.4% (2014-08-19 → 2020-10-01), recovered after 2,498 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 selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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