Trend-Following Backtester · Guide · backtest 한국어

equity · US

Carter's, Inc. backtest

10 trend-following strategies were compared on the full daily history of Carter's, Inc.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2003-10-28 ~ 2026-07-31daily bars 5,725 (22.8 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 4.5%, drawdown -80.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 4.5%, MDD -72.4%, Sharpe 0.30, 74% 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=32, exitN=86
4.5%-72.4%0.300.062.7x4374%
볼린저 밴드 돌파
n=57, k=3.2
1.9%-36.5%0.270.051.5x169%
SMA 크로스오버
fast=24, slow=240
3.2%-66.5%0.250.052.0x3955%
EMA 크로스오버
fast=57, slow=185
3.0%-65.7%0.240.052.0x2754%
ROC 모멘텀
n=256, threshold=0.09
2.9%-67.3%0.240.041.9x10943%
ADX / DI 방향성
period=30, threshold=35
0.4%-4.6%0.230.081.1x41%
Keltner 채널 돌파
emaPeriod=11, atrPeriod=21, mult=4
0.1%-4.6%0.070.021.0x20%
Supertrend
period=18, mult=3.5
-2.4%-71.8%0.03-0.030.6x13152%
MACD
fast=22, slow=67, signal=22
-6.5%-83.3%-0.13-0.080.2x19249%
Parabolic SAR
step=0.015, maxStep=0.14
-18.0%-99.2%-0.63-0.180.0x42353%
Buy and hold4.5%-80.7%0.310.062.7x1100%
1x 2004 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -40% -61% -81% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -72.4% (2015-07-22 → 2025-10-10), prior peak not yet recovered.

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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