Trend-Following Backtester · Guide · backtest 한국어

equity · US

United Fire Group, Inc backtest

10 trend-following strategies were compared on the full daily history of United Fire Group, Inc. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1980-03-18 ~ 2026-07-31daily bars 11,687 (46.4 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 7.2%, drawdown -71.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.5%, MDD -64.2%, Sharpe 0.40, 69% 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=117, exitN=187
7.5%-64.2%0.400.1228.4x3169%
SMA 크로스오버
fast=41, slow=224
5.6%-65.8%0.340.0812.4x5961%
EMA 크로스오버
fast=43, slow=217
5.3%-75.4%0.330.0711.2x6364%
ROC 모멘텀
n=158, threshold=-0.12
2.9%-83.9%0.250.033.8x27579%
볼린저 밴드 돌파
n=15, k=3.2
1.6%-42.3%0.220.042.1x847%
ADX / DI 방향성
period=39, threshold=29
1.4%-62.6%0.190.021.9x1015%
Keltner 채널 돌파
emaPeriod=9, atrPeriod=17, mult=3.6
0.4%-50.2%0.090.011.2x523%
Supertrend
period=24, mult=4.9
-2.7%-96.8%0.03-0.030.3x15354%
Parabolic SAR
step=0.005, maxStep=0.22
-4.4%-96.5%-0.05-0.050.1x33651%
MACD
fast=24, slow=57, signal=15
-11.3%-99.9%-0.32-0.110.0x53450%
Buy and hold7.2%-71.3%0.370.1025.1x1100%
1x 10x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -53% -71% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -64.2% (2018-08-01 → 2024-11-07), prior peak not yet recovered.

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 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 setupAll asset reports

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