Trend-Following Backtester · Guide · backtest 한국어

equity · US

StoneX Group Inc. backtest

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

Data 1995-03-06 ~ 2026-07-31daily bars 7,904 (31.4 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 17.8%, drawdown -97.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 16.9%, MDD -95.5%, Sharpe 0.53, 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=18, exitN=75
16.9%-95.5%0.530.18133.9x7584%
EMA 크로스오버
fast=76, slow=250
14.4%-79.0%0.500.1868.0x2567%
SMA 크로스오버
fast=40, slow=114
15.2%-88.5%0.490.1786.0x6560%
Supertrend
period=12, mult=5
6.1%-93.6%0.360.076.4x13056%
ROC 모멘텀
n=87, threshold=0.02
3.4%-91.6%0.310.042.8x40555%
ADX / DI 방향성
period=40, threshold=15
4.7%-89.8%0.300.054.2x10821%
볼린저 밴드 돌파
n=52, k=2.8
4.3%-70.8%0.290.063.7x7621%
MACD
fast=30, slow=57, signal=30
-0.8%-98.1%0.25-0.010.8x26051%
Keltner 채널 돌파
emaPeriod=66, atrPeriod=17, mult=4
-0.1%-79.2%0.20-0.001.0x8623%
Parabolic SAR
step=0.015, maxStep=0.28
-6.2%-97.0%0.17-0.060.1x51352%
Buy and hold17.8%-97.7%0.570.18170.9x1100%
1x 10x 100x 1996 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -49% -73% -98% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -95.5% (2000-01-24 → 2002-10-14), recovered after 2,326 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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