Trend-Following Backtester · Guide · backtest 한국어

equity · US

Boyd Gaming Corporation backtest

10 trend-following strategies were compared on the full daily history of Boyd Gaming Corporation. 9 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.7%, MDD -34.6%).

Data 1993-10-15 ~ 2026-07-31daily bars 8,253 (32.8 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 4.2%, drawdown -94.7%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 9.4%, MDD -48.8%, Sharpe 0.49, 28% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 5.2%p higher than buy and hold, while drawdown improves by 46.0%p (CAGR 4.7%, MDD -34.6%, 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
Keltner 채널 돌파
emaPeriod=42, atrPeriod=11, mult=2.7
9.4%-48.8%0.490.1918.9x12028%
볼린저 밴드 돌파
n=36, k=2.3
9.1%-53.4%0.480.1717.2x13026%
Donchian 채널 돌파
entryN=60, exitN=13
7.2%-48.6%0.410.159.8x12327%
EMA 크로스오버
fast=7, slow=102
8.3%-53.6%0.410.1613.9x15954%
ADX / DI 방향성
period=38, threshold=23
4.7%-34.6%0.400.144.6x368%
SMA 크로스오버
fast=8, slow=98
7.7%-56.4%0.390.1411.4x13153%
ROC 모멘텀
n=77, threshold=0.12
6.0%-55.7%0.350.116.8x29833%
MACD
fast=21, slow=52, signal=22
5.8%-85.0%0.330.076.4x29752%
Supertrend
period=14, mult=2.8
5.6%-72.5%0.330.085.9x23955%
Parabolic SAR
step=0.015, maxStep=0.28
1.0%-74.8%0.190.011.4x55751%
Buy and hold4.2%-94.7%0.330.043.8x1100%
1x 10x 1994 1999 2004 2009 2014 2019 2024 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 1994 1999 2004 2009 2014 2019 2024 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -48.8% (2021-03-11 → 2024-10-10), prior peak not yet recovered.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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