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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Limoneira Co backtest

10 trend-following strategies were compared on the full daily history of Limoneira Co. 6 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 7.2%, MDD -18.0%).

Data 2003-10-07 ~ 2026-07-31daily bars 5,740 (22.8 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 3.6%, drawdown -69.2%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 7.2%, MDD -18.0%, Sharpe 0.60, 9% exposure.

CAGR reference leader: ADX / DI 방향성 — CAGR 7.4%, MDD -40.0%, exposure 10%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 3.6%p higher than buy and hold, while drawdown improves by 51.2%p (CAGR 7.2%, MDD -18.0%, exposure 9%).

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=9, atrPeriod=18, mult=3.5
7.2%-18.0%0.600.404.9x389%
ADX / DI 방향성
period=35, threshold=28
7.4%-40.0%0.540.185.1x1010%
볼린저 밴드 돌파
n=15, k=3.4
4.2%-22.4%0.470.192.5x306%
Donchian 채널 돌파
entryN=46, exitN=61
6.7%-68.9%0.360.104.4x4358%
EMA 크로스오버
fast=57, slow=127
5.7%-54.1%0.340.103.5x3449%
SMA 크로스오버
fast=37, slow=153
5.4%-63.5%0.330.083.3x4050%
ROC 모멘텀
n=256, threshold=0
1.3%-68.3%0.180.021.3x11851%
Supertrend
period=4, mult=4.9
-1.1%-89.8%0.11-0.010.8x11054%
MACD
fast=19, slow=59, signal=19
-5.2%-91.0%-0.02-0.060.3x21350%
Parabolic SAR
step=0.015, maxStep=0.18
-8.2%-97.4%-0.14-0.080.1x33849%
Buy and hold3.6%-69.2%0.300.052.2x1100%
1x 2004 2007 2010 2013 2016 2019 2022 2025 ADX / DI 방향성Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), ADX / DI 방향성 (CAGR reference), Buy and hold.
0% -17% -35% -52% -69% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdADX / DI 방향성Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -18.0% (2010-06-15 → 2022-06-17), 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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