Trend-Following Backtester · Guide · backtest 한국어

equity · US

Ameren Corporation backtest

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

Data 1998-01-02 ~ 2026-07-31daily bars 7,188 (28.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 3.3%, drawdown -64.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 1.8%, MDD -38.5%, Sharpe 0.19, 63% 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=102, exitN=103
1.8%-38.5%0.190.051.6x3163%
ADX / DI 방향성
period=25, threshold=39
0.1%-1.1%0.150.061.0x20%
EMA 크로스오버
fast=59, slow=204
0.6%-54.0%0.120.011.2x3964%
SMA 크로스오버
fast=25, slow=219
-0.5%-59.9%0.04-0.010.9x5563%
Keltner 채널 돌파
emaPeriod=17, atrPeriod=21, mult=2.5
-0.3%-30.6%-0.03-0.010.9x609%
MACD
fast=18, slow=28, signal=18
-1.6%-58.2%-0.05-0.030.6x34452%
볼린저 밴드 돌파
n=20, k=3.4
-0.1%-4.5%-0.08-0.021.0x40%
Supertrend
period=18, mult=3.4
-3.5%-69.6%-0.16-0.050.4x16858%
ROC 모멘텀
n=99, threshold=-0.03
-4.7%-83.3%-0.23-0.060.3x29571%
Parabolic SAR
step=0.005, maxStep=0.32
-5.1%-78.9%-0.28-0.060.2x27057%
Buy and hold3.3%-64.9%0.260.052.5x1100%
1x 1999 2003 2007 2011 2015 2019 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -49% -65% 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -38.5% (2000-12-26 → 2011-10-04), recovered after 6,083 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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