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Trend-Following Backtester · Guide · backtest 한국어

crypto · GLOBAL

Chainlink backtest

10 trend-following strategies were compared on the full daily history of Chainlink. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 24.4%, MDD -26.3%).

Data 2020-08-05 ~ 2026-07-31daily bars 2,177 (6.0 years)Costs 0.5%Venue UpbitMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 0.7%, drawdown -89.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 33.0%, MDD -53.8%, Sharpe 0.82, 19% exposure.

CAGR reference leader: Parabolic SAR — CAGR 33.3%, MDD -54.5%, exposure 45%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 32.3%p higher than buy and hold, while drawdown improves by 35.8%p (CAGR 24.4%, MDD -26.3%, exposure 7%).

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=105, exitN=17
33.0%-53.8%0.820.615.5x1019%
볼린저 밴드 돌파
n=33, k=3.5
24.4%-26.3%0.800.933.7x67%
Parabolic SAR
step=0.01, maxStep=0.16
33.3%-54.5%0.760.615.6x10745%
Supertrend
period=48, mult=4.8
32.7%-70.4%0.760.465.4x1842%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=33, mult=4
25.3%-49.0%0.740.523.9x1015%
ADX / DI 방향성
period=27, threshold=23
21.5%-28.8%0.730.753.2x1610%
ROC 모멘텀
n=31, threshold=0.12
28.7%-73.5%0.720.394.5x11429%
SMA 크로스오버
fast=9, slow=91
25.1%-77.0%0.670.333.8x3045%
MACD
fast=11, slow=50, signal=15
22.7%-55.5%0.630.413.4x11152%
EMA 크로스오버
fast=31, slow=49
21.2%-71.3%0.620.303.2x3044%
Buy and hold0.7%-89.6%0.470.011.0x1100%
1x 2021 2022 2023 2024 2025 2026 Parabolic SARDonchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), Parabolic SAR (CAGR reference), Buy and hold.
0% -22% -45% -67% -90% 2021 2022 2023 2024 2025 2026 Buy and holdParabolic SARDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -53.8% (2021-05-09 → 2023-05-09), recovered after 1,002 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 setupMore GLOBAL assetsAll asset reports

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