Trend-Following Backtester · Guide · backtest 한국어

equity · US

Amdocs Limited backtest

10 trend-following strategies were compared on the full daily history of Amdocs Limited. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 4.8%, MDD -39.7%).

Data 1998-06-19 ~ 2026-07-31daily bars 7,072 (28.1 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 5.0%, drawdown -93.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.5%, MDD -62.1%, Sharpe 0.47, 71% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.5%p higher than buy and hold, while drawdown improves by 31.2%p (CAGR 4.8%, MDD -39.7%, exposure 21%).

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=54, exitN=103
9.5%-62.1%0.470.1512.9x3271%
EMA 크로스오버
fast=29, slow=113
7.4%-53.3%0.410.147.4x5663%
SMA 크로스오버
fast=55, slow=202
6.3%-54.6%0.370.115.5x3462%
볼린저 밴드 돌파
n=56, k=2.6
4.8%-39.7%0.370.123.8x5621%
ROC 모멘텀
n=147, threshold=0.09
4.8%-60.8%0.320.083.8x19236%
Keltner 채널 돌파
emaPeriod=22, atrPeriod=22, mult=3.2
2.7%-27.3%0.280.102.1x489%
ADX / DI 방향성
period=35, threshold=18
3.2%-50.8%0.280.062.4x6813%
Supertrend
period=12, mult=4.1
3.4%-65.0%0.260.052.6x12254%
Parabolic SAR
step=0.005, maxStep=0.2
0.3%-81.3%0.130.001.1x24954%
MACD
fast=18, slow=45, signal=17
-0.1%-86.7%0.12-0.001.0x32952%
Buy and hold5.0%-93.4%0.320.054.0x1100%
1x 10x 1999 2003 2007 2011 2015 2019 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -47% -70% -93% 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -62.1% (2000-03-24 → 2002-03-20), recovered after 1,200 days.

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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