SleepWell Trade

Trend-Following Backtester · Guide · backtest 한국어

equity · US

Colony Bankcorp, Inc. backtest

10 trend-following strategies were compared on the full daily history of Colony Bankcorp, Inc.. 5 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 8.7%, MDD -48.1%).

Data 1998-04-02 ~ 2026-07-31daily bars 7,126 (28.3 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 2.7%, drawdown -94.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.7%, MDD -48.1%, Sharpe 0.44, 40% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 6.0%p higher than buy and hold, while drawdown improves by 46.2%p (CAGR 8.7%, MDD -48.1%, exposure 40%).

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=101, exitN=48
8.7%-48.1%0.440.1810.6x2940%
SMA 크로스오버
fast=43, slow=174
7.2%-54.3%0.390.137.2x4753%
EMA 크로스오버
fast=41, slow=198
5.9%-61.8%0.340.105.1x2557%
ADX / DI 방향성
period=46, threshold=21
3.8%-51.0%0.290.072.9x3413%
ROC 모멘텀
n=162, threshold=-0.11
3.1%-77.6%0.260.042.4x12770%
볼린저 밴드 돌파
n=53, k=3
1.6%-45.6%0.180.041.6x6219%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=16, mult=4
-0.3%-78.6%0.10-0.000.9x7220%
Supertrend
period=28, mult=4.3
-4.7%-97.1%0.02-0.050.3x15154%
Parabolic SAR
step=0.005, maxStep=0.26
-8.5%-94.1%-0.11-0.090.1x19550%
MACD
fast=22, slow=59, signal=17
-11.2%-97.8%-0.17-0.110.0x32349%
Buy and hold2.7%-94.3%0.290.032.1x1100%
1x 10x 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% -24% -47% -71% -94% 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -48.1% (2012-06-06 → 2012-07-30), recovered after 1,638 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 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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