Trend-Following Backtester · Guide · backtest 한국어

equity · US

PTC Inc. backtest

10 trend-following strategies were compared on the full daily history of PTC Inc.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1989-12-08 ~ 2026-07-31daily bars 9,227 (36.6 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.5%, drawdown -95.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.7%, MDD -87.3%, Sharpe 0.45, 84% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=15, exitN=76
10.7%-87.3%0.450.1241.0x8584%
SMA 크로스오버
fast=57, slow=258
7.5%-89.0%0.390.0814.3x3862%
EMA 크로스오버
fast=17, slow=202
6.0%-91.1%0.350.078.5x7664%
Supertrend
period=10, mult=4.6
4.7%-92.0%0.310.055.3x11759%
ROC 모멘텀
n=88, threshold=-0.04
3.9%-82.2%0.290.054.1x38870%
볼린저 밴드 돌파
n=38, k=1.1
-0.1%-85.1%0.15-0.001.0x33547%
MACD
fast=19, slow=38, signal=14
-1.2%-85.4%0.14-0.010.6x47951%
ADX / DI 방향성
period=28, threshold=38
0.0%-7.8%0.020.001.0x20%
Parabolic SAR
step=0.005, maxStep=0.32
-5.0%-95.3%0.02-0.050.2x32757%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=29, mult=1.8
-3.7%-93.4%0.00-0.040.3x23442%
Buy and hold12.5%-95.3%0.490.1374.9x1100%
1x 10x 100x 1990 1995 2000 2005 2010 2015 2020 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -71% -95% 1990 1995 2000 2005 2010 2015 2020 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -87.3% (1999-12-16 → 2003-03-31), recovered after 6,717 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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