Trend-Following Backtester · Guide · backtest 한국어

equity · US

Caesars Entertainment, Inc. backtest

10 trend-following strategies were compared on the full daily history of Caesars Entertainment, Inc.. 5 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 19.4%, MDD -57.2%).

Data 2014-09-22 ~ 2026-07-31daily bars 2,982 (11.9 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 17.6%, drawdown -89.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 26.0%, MDD -81.6%, Sharpe 0.77, 81% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 8.5%p higher than buy and hold, while drawdown improves by 8.2%p (CAGR 19.4%, MDD -57.2%, exposure 58%).

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=18, exitN=67
26.0%-81.6%0.770.3215.5x2781%
EMA 크로스오버
fast=6, slow=88
21.2%-61.3%0.750.359.7x4959%
Supertrend
period=22, mult=4.9
22.1%-80.4%0.740.2710.7x2969%
SMA 크로스오버
fast=10, slow=98
19.4%-57.2%0.700.348.1x3358%
MACD
fast=12, slow=50, signal=13
18.1%-67.9%0.630.277.2x16448%
ADX / DI 방향성
period=21, threshold=17
13.4%-50.2%0.600.274.5x10937%
ROC 모멘텀
n=98, threshold=0.16
12.8%-55.9%0.580.234.2x11241%
Parabolic SAR
step=0.01, maxStep=0.12
11.0%-77.1%0.470.143.4x17053%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=10, mult=1.6
7.2%-38.5%0.450.192.3x8222%
볼린저 밴드 돌파
n=23, k=2
8.1%-45.7%0.420.182.5x9634%
Buy and hold17.6%-89.8%0.570.206.8x1100%
1x 10x 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -90% 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -81.6% (2021-06-08 → 2026-02-13), prior peak not yet recovered.

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 setupAll asset reports

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