Trend-Following Backtester · Guide · backtest 한국어

equity · US

Five9, Inc. backtest

10 trend-following strategies were compared on the full daily history of Five9, Inc.. 5 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 29.7%, MDD -40.8%).

Data 2014-04-04 ~ 2026-07-31daily bars 3,099 (12.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 10.9%, drawdown -93.5%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 29.7%, MDD -40.8%, Sharpe 0.92, 53% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 18.8%p higher than buy and hold, while drawdown improves by 52.7%p (CAGR 29.7%, MDD -40.8%, exposure 53%).

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
ROC 모멘텀
n=174, threshold=0.03
29.7%-40.8%0.920.7324.6x3753%
EMA 크로스오버
fast=14, slow=181
27.5%-47.0%0.870.5920.0x1155%
Donchian 채널 돌파
entryN=96, exitN=88
25.3%-57.8%0.820.4416.1x754%
SMA 크로스오버
fast=15, slow=200
25.7%-62.6%0.820.4116.7x1157%
ADX / DI 방향성
period=27, threshold=11
16.1%-41.3%0.610.396.3x13549%
Keltner 채널 돌파
emaPeriod=7, atrPeriod=20, mult=2.6
3.8%-12.9%0.490.291.6x164%
볼린저 밴드 돌파
n=46, k=2
9.0%-47.8%0.460.192.9x5434%
Supertrend
period=24, mult=4.5
10.0%-74.3%0.460.133.2x4149%
MACD
fast=8, slow=23, signal=6
2.1%-84.3%0.240.021.3x33152%
Parabolic SAR
step=0.03, maxStep=0.18
-0.5%-86.5%0.17-0.010.9x32752%
Buy and hold10.9%-93.5%0.460.123.6x1100%
1x 10x 2015 2017 2019 2021 2023 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -47% -70% -94% 2015 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -40.8% (2021-08-04 → 2026-07-23), prior peak not yet recovered.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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