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Trend-Following Backtester · Guide · backtest 한국어

equity · US

ATN International, Inc. backtest

10 trend-following strategies were compared on the full daily history of ATN International, Inc.. 4 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 4.3%, MDD -20.7%).

Data 1991-11-14 ~ 2026-07-31daily bars 8,738 (34.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 2.8%, drawdown -84.1%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 4.3%, MDD -20.7%, Sharpe 0.44, 6% exposure.

CAGR reference leader: MACD — CAGR 4.7%, MDD -91.7%, exposure 51%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 1.5%p higher than buy and hold, while drawdown improves by 63.4%p (CAGR 4.3%, MDD -20.7%, exposure 6%).

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=10, atrPeriod=27, mult=3.5
4.3%-20.7%0.440.214.4x566%
볼린저 밴드 돌파
n=52, k=3.4
4.4%-44.4%0.340.104.4x5015%
MACD
fast=26, slow=52, signal=24
4.7%-91.7%0.300.054.9x26651%
Donchian 채널 돌파
entryN=101, exitN=6
3.1%-64.9%0.260.052.9x12411%
ADX / DI 방향성
period=15, threshold=49
1.3%-33.3%0.190.041.6x404%
Supertrend
period=4, mult=4.4
1.0%-90.9%0.190.011.4x17252%
SMA 크로스오버
fast=20, slow=48
-0.1%-87.7%0.15-0.001.0x20252%
Parabolic SAR
step=0.025, maxStep=0.16
-0.9%-94.7%0.14-0.010.7x73951%
EMA 크로스오버
fast=33, slow=146
-1.2%-89.9%0.11-0.010.7x7250%
ROC 모멘텀
n=84, threshold=0.26
-0.9%-70.2%0.04-0.010.7x16213%
Buy and hold2.8%-84.1%0.300.032.6x1100%
1x 10x 1992 1997 2002 2007 2012 2017 2022 MACDKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -23% -46% -69% -92% 1992 1997 2002 2007 2012 2017 2022 Buy and holdMACDKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -20.7% (2000-03-02 → 2001-03-28), recovered after 393 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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