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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Euroseas Ltd. backtest

10 trend-following strategies were compared on the full daily history of Euroseas Ltd.. 8 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 0.8%, MDD -5.4%).

Data 2006-05-05 ~ 2026-07-31daily bars 5,091 (20.2 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -12.7%, drawdown -99.9%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 10.0%, MDD -41.8%, Sharpe 0.55, 4% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 14.0%, MDD -72.1%, exposure 36%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 22.8%p higher than buy and hold, while drawdown improves by 58.1%p (CAGR 0.8%, MDD -5.4%, 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
ADX / DI 방향성
period=49, threshold=33
10.0%-41.8%0.550.246.9x44%
EMA 크로스오버
fast=59, slow=124
14.0%-72.1%0.530.1914.3x1936%
SMA 크로스오버
fast=42, slow=202
13.4%-81.4%0.510.1712.8x2540%
Donchian 채널 돌파
entryN=108, exitN=46
9.6%-88.9%0.420.116.4x1933%
Keltner 채널 돌파
emaPeriod=38, atrPeriod=5, mult=3.4
5.2%-55.9%0.330.092.8x2410%
볼린저 밴드 돌파
n=11, k=3.1
0.8%-5.4%0.310.151.2x20%
ROC 모멘텀
n=149, threshold=0.1
3.1%-92.7%0.280.031.8x14332%
Supertrend
period=29, mult=4.9
-3.6%-95.8%0.14-0.040.5x4942%
MACD
fast=11, slow=70, signal=17
-13.9%-99.4%0.03-0.140.0x25353%
Parabolic SAR
step=0.065, maxStep=0.08
-13.5%-99.2%0.01-0.140.1x46144%
Buy and hold-12.7%-99.9%0.19-0.130.1x1100%
0.01 0.1 1x 10x 2007 2010 2013 2016 2019 2022 2025 EMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -25% -50% -75% -100% 2007 2010 2013 2016 2019 2022 2025 Buy and holdEMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -41.8% (2021-02-16 → 2021-03-04), recovered after 69 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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