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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Midland States Bancorp, Inc. backtest

10 trend-following strategies were compared on the full daily history of Midland States Bancorp, Inc.. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.5%, MDD -18.3%).

Data 2016-05-24 ~ 2026-07-31daily bars 2,561 (10.2 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 4.3%, drawdown -65.8%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 10.4%, MDD -25.5%, Sharpe 0.71, 23% exposure.

CAGR reference leader: Keltner 채널 돌파 — CAGR 11.0%, MDD -24.9%, exposure 28%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 6.2%p higher than buy and hold, while drawdown improves by 40.3%p (CAGR 4.5%, MDD -18.3%, 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
볼린저 밴드 돌파
n=51, k=2.6
10.4%-25.5%0.710.412.7x2323%
Keltner 채널 돌파
emaPeriod=32, atrPeriod=11, mult=2
11.0%-24.9%0.710.442.9x4328%
Donchian 채널 돌파
entryN=20, exitN=11
8.7%-39.9%0.530.222.3x6138%
ADX / DI 방향성
period=31, threshold=23
4.5%-18.3%0.520.251.6x199%
Supertrend
period=26, mult=4.5
7.9%-45.7%0.460.172.2x3154%
EMA 크로스오버
fast=13, slow=14
7.5%-43.2%0.440.172.1x11750%
SMA 크로스오버
fast=43, slow=62
6.7%-42.7%0.430.161.9x5550%
MACD
fast=24, slow=64, signal=19
6.6%-43.4%0.390.151.9x8549%
ROC 모멘텀
n=118, threshold=0.13
4.0%-56.4%0.320.071.5x7325%
Parabolic SAR
step=0.005, maxStep=0.38
1.9%-63.7%0.190.031.2x8347%
Buy and hold4.3%-65.8%0.300.061.5x1100%
1x 2017 2019 2021 2023 2025 Keltner 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Keltner 채널 돌파 (CAGR reference), Buy and hold.
0% -16% -33% -49% -66% 2017 2019 2021 2023 2025 Buy and holdKeltner 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -25.5% (2016-12-28 → 2020-11-12), recovered after 1,517 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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