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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Gogo Inc. backtest

10 trend-following strategies were compared on the full daily history of Gogo Inc.. 10 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.3%, MDD -27.0%).

Data 2013-06-21 ~ 2026-07-31daily bars 3,297 (13.1 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -9.8%, drawdown -95.9%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 8.1%, MDD -31.4%, Sharpe 0.46, 4% exposure.

CAGR reference leader: Parabolic SAR — CAGR 8.1%, MDD -80.2%, exposure 47%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 17.9%p higher than buy and hold, while drawdown improves by 64.5%p (CAGR 4.3%, MDD -27.0%, exposure 2%).

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
Keltner 채널 돌파
emaPeriod=10, atrPeriod=14, mult=2.7
8.1%-31.4%0.460.262.8x204%
Parabolic SAR
step=0.01, maxStep=0.2
8.1%-80.2%0.400.102.8x16147%
Donchian 채널 돌파
entryN=12, exitN=61
6.6%-80.3%0.390.082.3x4373%
MACD
fast=6, slow=36, signal=13
6.8%-73.4%0.380.092.4x24151%
ROC 모멘텀
n=14, threshold=0.11
7.1%-49.8%0.360.142.5x24120%
볼린저 밴드 돌파
n=39, k=2.9
5.9%-56.2%0.330.112.1x3218%
ADX / DI 방향성
period=23, threshold=39
4.3%-27.0%0.310.161.7x62%
Supertrend
period=29, mult=4.7
4.0%-73.2%0.300.051.7x4440%
EMA 크로스오버
fast=15, slow=50
2.4%-78.9%0.270.031.4x6041%
SMA 크로스오버
fast=8, slow=56
0.4%-77.7%0.240.011.1x8943%
Buy and hold-9.8%-95.9%0.19-0.100.3x1100%
0.1 1x 10x 2014 2016 2018 2020 2022 2024 2026 Parabolic SARKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Parabolic SAR (CAGR reference), Buy and hold.
0% -24% -48% -72% -96% 2014 2016 2018 2020 2022 2024 2026 Buy and holdParabolic SARKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -31.4% (2020-09-16 → 2022-03-08), prior peak not yet recovered.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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