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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Hyliion Holdings Corp. backtest

10 trend-following strategies were compared on the full daily history of Hyliion Holdings Corp.. 10 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 43.8%, MDD -35.6%).

Data 2020-01-02 ~ 2026-07-31daily bars 1,653 (6.6 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -14.5%, drawdown -99.0%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 43.8%, MDD -35.6%, Sharpe 0.94, 10% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 58.3%p higher than buy and hold, while drawdown improves by 63.4%p (CAGR 43.8%, MDD -35.6%, exposure 10%).

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
Keltner 채널 돌파
emaPeriod=18, atrPeriod=29, mult=3.2
43.8%-35.6%0.941.2310.9x1210%
볼린저 밴드 돌파
n=19, k=2.9
41.6%-42.6%0.910.989.8x1610%
Donchian 채널 돌파
entryN=96, exitN=8
30.6%-47.1%0.760.655.8x1610%
ADX / DI 방향성
period=8, threshold=29
35.0%-75.0%0.760.477.2x9430%
MACD
fast=11, slow=49, signal=11
34.6%-79.8%0.760.437.1x8652%
Supertrend
period=24, mult=3.3
29.0%-70.8%0.690.415.3x3643%
SMA 크로스오버
fast=18, slow=26
25.8%-87.3%0.660.304.5x7644%
EMA 크로스오버
fast=30, slow=112
25.9%-71.9%0.660.364.5x1534%
Parabolic SAR
step=0.06, maxStep=0.22
16.8%-87.7%0.560.192.8x24047%
ROC 모멘텀
n=103, threshold=0.11
15.9%-72.4%0.530.222.6x3133%
Buy and hold-14.5%-99.0%0.28-0.150.4x1100%
0.1 1x 10x 2021 2022 2023 2024 2025 2026 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -74% -99% 2021 2022 2023 2024 2025 2026 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -35.6% (2024-07-17 → 2024-12-12), recovered after 667 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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 setupMore US assetsAll asset reports

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