Trend-Following Backtester · Guide · backtest 한국어

equity · US

LPL Financial Holdings Inc. backtest

10 trend-following strategies were compared on the full daily history of LPL Financial Holdings Inc.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 16.2%, MDD -42.4%).

Data 2010-11-18 ~ 2026-07-31daily bars 3,947 (15.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 16.5%, drawdown -70.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 16.2%, MDD -42.4%, Sharpe 0.66, 90% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.3%p lower than buy and hold, while drawdown improves by 28.1%p (CAGR 16.2%, MDD -42.4%, exposure 90%).

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=8, exitN=76
16.2%-42.4%0.660.3810.6x4190%
ADX / DI 방향성
period=28, threshold=25
4.3%-18.4%0.620.241.9x107%
MACD
fast=6, slow=52, signal=19
10.8%-33.1%0.570.335.0x24550%
EMA 크로스오버
fast=6, slow=217
11.8%-36.4%0.560.325.7x4569%
SMA 크로스오버
fast=13, slow=184
11.1%-47.9%0.540.235.2x3566%
ROC 모멘텀
n=130, threshold=-0.04
9.5%-41.8%0.480.234.2x9069%
Supertrend
period=9, mult=2.3
8.1%-50.0%0.470.163.4x15355%
볼린저 밴드 돌파
n=59, k=1
7.7%-46.1%0.460.173.2x9351%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=12, mult=3.5
5.1%-39.3%0.390.132.2x4731%
Parabolic SAR
step=0.015, maxStep=0.18
4.2%-44.1%0.290.101.9x28754%
Buy and hold16.5%-70.5%0.610.2310.9x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -35% -53% -70% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -42.4% (2012-04-03 → 2012-11-15), recovered after 615 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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