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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Brandywine Realty Trust backtest

10 trend-following strategies were compared on the full daily history of Brandywine Realty Trust. 10 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 3.4%, MDD -54.2%).

Data 1986-07-24 ~ 2026-07-31daily bars 10,082 (40.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -5.5%, drawdown -97.2%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 3.4%, MDD -54.2%, Sharpe 0.25, 8% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 8.9%p higher than buy and hold, while drawdown improves by 43.0%p (CAGR 3.4%, MDD -54.2%, exposure 8%).

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
ADX / DI 방향성
period=25, threshold=24
3.4%-54.2%0.250.063.7x828%
EMA 크로스오버
fast=46, slow=252
2.1%-66.5%0.220.032.3x4051%
Donchian 채널 돌파
entryN=127, exitN=67
2.0%-60.6%0.210.032.2x5436%
SMA 크로스오버
fast=47, slow=210
1.0%-66.7%0.180.011.5x6048%
볼린저 밴드 돌파
n=56, k=3.5
1.7%-66.3%0.180.032.0x164%
ROC 모멘텀
n=149, threshold=0.13
-0.5%-79.1%0.12-0.010.8x30025%
Keltner 채널 돌파
emaPeriod=18, atrPeriod=20, mult=3.7
-0.4%-63.9%0.09-0.010.9x584%
MACD
fast=23, slow=44, signal=24
-4.6%-95.2%0.07-0.050.2x35651%
Parabolic SAR
step=0.005, maxStep=0.32
-3.8%-92.1%0.07-0.040.2x31649%
Supertrend
period=9, mult=5
-4.2%-96.6%0.06-0.040.2x16552%
Buy and hold-5.5%-97.2%0.16-0.060.1x1100%
0.1 1x 1987 1992 1997 2002 2007 2012 2017 2022 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -49% -73% -97% 1987 1992 1997 2002 2007 2012 2017 2022 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -54.2% (1992-02-06 → 1992-02-26), recovered after 32 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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 setupMore US assetsAll asset reports

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