Trend-Following Backtester · Guide · backtest 한국어

equity · US

Century Aluminum Company backtest

10 trend-following strategies were compared on the full daily history of Century Aluminum Company. 7 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 10.1%, MDD -63.1%).

Data 1996-03-29 ~ 2026-07-31daily bars 7,633 (30.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 4.0%, drawdown -98.7%).

Sharpe leader (same as main): Supertrend — CAGR 13.8%, MDD -80.7%, Sharpe 0.51, 54% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 9.8%p higher than buy and hold, while drawdown improves by 18.0%p (CAGR 10.1%, MDD -63.1%, exposure 41%).

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
Supertrend
period=16, mult=5
13.8%-80.7%0.510.1750.8x8854%
EMA 크로스오버
fast=23, slow=35
12.6%-74.6%0.490.1736.6x13453%
SMA 크로스오버
fast=17, slow=120
12.4%-72.9%0.480.1734.3x8852%
Donchian 채널 돌파
entryN=44, exitN=25
10.1%-63.1%0.440.1618.7x10241%
ROC 모멘텀
n=74, threshold=0.04
10.1%-68.7%0.440.1518.4x31448%
볼린저 밴드 돌파
n=38, k=1.2
8.2%-73.3%0.400.1110.8x24241%
Keltner 채널 돌파
emaPeriod=40, atrPeriod=25, mult=2.7
7.6%-67.3%0.390.119.3x12427%
Parabolic SAR
step=0.035, maxStep=0.14
2.7%-86.9%0.300.032.2x79651%
MACD
fast=12, slow=32, signal=10
0.1%-91.5%0.260.001.0x51551%
ADX / DI 방향성
period=20, threshold=12
1.4%-89.2%0.260.021.5x46247%
Buy and hold4.0%-98.7%0.420.043.3x1100%
0.1 1x 10x 1997 2001 2005 2009 2013 2017 2021 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -49% -74% -99% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrend
Supertrend maximum drawdown -80.7% (2014-09-05 → 2021-08-19), recovered after 4,063 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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 setupAll asset reports

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