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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Boston Omaha Corporation backtest

10 trend-following strategies were compared on the full daily history of Boston Omaha Corporation. 9 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 8.5%, MDD -29.5%).

Data 2017-06-13 ~ 2026-07-31daily bars 2,296 (9.1 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -4.7%, drawdown -76.6%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 9.4%, MDD -41.5%, Sharpe 0.62, 5% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 14.1%p higher than buy and hold, while drawdown improves by 35.1%p (CAGR 8.5%, MDD -29.5%, exposure 7%).

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=22, threshold=42
9.4%-41.5%0.620.232.3x45%
볼린저 밴드 돌파
n=33, k=3.5
8.5%-29.5%0.580.292.1x67%
Keltner 채널 돌파
emaPeriod=26, atrPeriod=33, mult=2.6
8.6%-47.7%0.530.182.1x2112%
Donchian 채널 돌파
entryN=114, exitN=12
6.5%-32.6%0.460.201.8x118%
Supertrend
period=26, mult=4.5
4.4%-61.7%0.290.071.5x2750%
SMA 크로스오버
fast=39, slow=78
-0.3%-69.6%0.13-0.001.0x3342%
EMA 크로스오버
fast=52, slow=277
-0.1%-46.7%0.11-0.001.0x926%
Parabolic SAR
step=0.015, maxStep=0.16
-2.6%-66.3%0.10-0.040.8x14847%
ROC 모멘텀
n=162, threshold=0.06
-1.2%-53.7%0.08-0.020.9x5627%
MACD
fast=24, slow=35, signal=28
-5.5%-77.5%-0.02-0.070.6x8851%
Buy and hold-4.7%-76.6%0.12-0.060.6x1100%
1x 2018 2020 2022 2024 2026 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -77% 2018 2020 2022 2024 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -41.5% (2017-12-27 → 2020-12-14), recovered after 1,139 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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