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Trend-Following Backtester · Guide · backtest 한국어

equity · US

MGP Ingredients, Inc. backtest

10 trend-following strategies were compared on the full daily history of MGP Ingredients, Inc.. 8 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 15.4%, MDD -51.8%).

Data 1988-10-21 ~ 2026-07-31daily bars 9,513 (37.8 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 3.4%, drawdown -98.5%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 17.1%, MDD -70.7%, Sharpe 0.64, 53% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 17.1%, MDD -68.9%, exposure 52%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 13.7%p higher than buy and hold, while drawdown improves by 27.8%p (CAGR 15.4%, MDD -51.8%, exposure 38%).

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
EMA 크로스오버
fast=57, slow=158
17.1%-70.7%0.640.24387.3x3653%
SMA 크로스오버
fast=20, slow=184
17.1%-68.9%0.640.25388.7x5452%
Donchian 채널 돌파
entryN=99, exitN=45
15.4%-51.8%0.610.30224.3x5638%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=26, mult=3.9
9.6%-53.7%0.470.1832.4x7424%
ROC 모멘텀
n=137, threshold=0.04
10.4%-90.8%0.470.1242.6x30850%
Supertrend
period=9, mult=4.6
10.8%-86.0%0.460.1348.2x11754%
ADX / DI 방향성
period=28, threshold=25
7.5%-59.2%0.420.1315.5x8416%
볼린저 밴드 돌파
n=56, k=3.3
7.1%-58.4%0.400.1213.4x4815%
MACD
fast=37, slow=68, signal=39
2.6%-85.4%0.260.032.7x21553%
Parabolic SAR
step=0.01, maxStep=0.14
2.8%-88.0%0.250.032.8x43151%
Buy and hold3.4%-98.5%0.320.033.6x1100%
1x 10x 100x 1989 1994 1999 2004 2009 2014 2019 2024 SMA 크로스오버EMA 크로스오버Buy and hold
EMA 크로스오버 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -25% -49% -74% -99% 1989 1994 1999 2004 2009 2014 2019 2024 Buy and holdSMA 크로스오버EMA 크로스오버
EMA 크로스오버 maximum drawdown -70.7% (1996-11-08 → 2001-09-24), recovered after 2,629 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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.
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