Trend-Following Backtester · Guide · backtest 한국어

equity · US

Sterling Infrastructure, Inc. backtest

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

Data 1991-07-12 ~ 2026-07-31daily bars 8,826 (35.1 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 16.9%, drawdown -92.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 5.7%, MDD -97.4%, Sharpe 0.38, 78% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 6.7%, MDD -84.7%, exposure 52%.

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=28, exitN=84
5.7%-97.4%0.380.066.9x8778%
SMA 크로스오버
fast=54, slow=218
6.7%-84.7%0.370.089.7x5952%
MACD
fast=25, slow=30, signal=30
3.1%-98.0%0.310.032.9x33451%
EMA 크로스오버
fast=21, slow=192
3.9%-95.1%0.310.043.8x8551%
ADX / DI 방향성
period=15, threshold=26
4.3%-83.5%0.280.054.4x23825%
볼린저 밴드 돌파
n=49, k=2.2
3.8%-81.1%0.270.053.7x12826%
ROC 모멘텀
n=115, threshold=0.13
-1.3%-96.8%0.19-0.010.6x30940%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=31, mult=3.4
-0.7%-92.5%0.16-0.010.8x12225%
Parabolic SAR
step=0.005, maxStep=0.26
-5.7%-98.7%0.12-0.060.1x26049%
Supertrend
period=10, mult=5
-9.2%-99.9%0.09-0.090.0x18255%
Buy and hold16.9%-92.5%0.570.18237.5x1100%
0.1 1x 10x 100x 1992 1997 2002 2007 2012 2017 2022 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -24% -49% -73% -97% 1992 1997 2002 2007 2012 2017 2022 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -97.4% (1992-01-24 → 2001-06-04), recovered after 11,722 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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