Trend-Following Backtester · Guide · backtest 한국어

equity · US

ACV Auctions Inc. backtest

10 trend-following strategies were compared on the full daily history of ACV Auctions Inc.. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.5%, MDD -12.8%).

Data 2021-03-24 ~ 2026-07-31daily bars 1,345 (5.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -23.5%, drawdown -88.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.7%, MDD -20.4%, Sharpe 0.54, 13% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 32.2%p higher than buy and hold, while drawdown improves by 68.4%p (CAGR 0.5%, MDD -12.8%, exposure 4%).

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=85, exitN=9
8.7%-20.4%0.540.431.6x1113%
볼린저 밴드 돌파
n=42, k=2.6
7.6%-26.2%0.440.291.5x916%
Keltner 채널 돌파
emaPeriod=66, atrPeriod=29, mult=2.8
6.8%-30.0%0.420.231.4x917%
ROC 모멘텀
n=168, threshold=-0.08
8.3%-37.8%0.410.221.5x1539%
EMA 크로스오버
fast=43, slow=106
7.6%-34.8%0.400.221.5x533%
SMA 크로스오버
fast=25, slow=178
7.6%-37.7%0.400.201.5x534%
Supertrend
period=13, mult=3.2
3.4%-53.9%0.270.061.2x2549%
ADX / DI 방향성
period=33, threshold=28
0.5%-12.8%0.110.041.0x24%
MACD
fast=21, slow=36, signal=20
-5.6%-63.2%0.08-0.090.7x4750%
Parabolic SAR
step=0.005, maxStep=0.16
-8.5%-70.0%-0.03-0.120.6x4351%
Buy and hold-23.5%-88.8%-0.14-0.260.2x1100%
1x 2022 2023 2024 2025 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -67% -89% 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -20.4% (2024-03-22 → 2026-07-10), 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 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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