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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Adamas Trust, Inc. backtest

10 trend-following strategies were compared on the full daily history of Adamas Trust, Inc.. 10 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.2%, MDD -11.3%).

Data 2004-07-26 ~ 2026-07-31daily bars 5,540 (22.0 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -15.4%, drawdown -99.1%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 3.6%, MDD -29.1%, Sharpe 0.40, 9% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 19.0%p higher than buy and hold, while drawdown improves by 70.0%p (CAGR 0.2%, MDD -11.3%, exposure 0%).

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
ROC 모멘텀
n=164, threshold=0.28
3.6%-29.1%0.400.122.2x489%
볼린저 밴드 돌파
n=64, k=3.3
3.2%-36.3%0.300.092.0x2010%
SMA 크로스오버
fast=50, slow=151
1.7%-66.7%0.190.031.5x4141%
Donchian 채널 돌파
entryN=67, exitN=76
0.7%-64.8%0.130.011.2x3147%
ADX / DI 방향성
period=30, threshold=37
0.2%-11.3%0.100.021.0x20%
EMA 크로스오버
fast=59, slow=80
-1.0%-78.2%0.04-0.010.8x4941%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=24, mult=3.2
-1.0%-56.1%-0.00-0.020.8x5016%
MACD
fast=24, slow=110, signal=38
-7.8%-89.1%-0.09-0.090.2x15252%
Supertrend
period=36, mult=5
-4.5%-81.7%-0.12-0.060.4x6742%
Parabolic SAR
step=0.015, maxStep=0.16
-14.9%-98.1%-0.38-0.150.0x34546%
Buy and hold-15.4%-99.1%-0.07-0.160.0x1100%
0.1 1x 2005 2008 2011 2014 2017 2020 2023 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -74% -99% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -29.1% (2009-10-06 → 2009-11-02), recovered after 4,060 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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