Trend-Following Backtester · Guide · backtest 한국어

equity · US

Dover Corporation backtest

10 trend-following strategies were compared on the full daily history of Dover Corporation. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 11.2%, drawdown -59.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.3%, MDD -66.5%, Sharpe 0.51, 92% 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=5, exitN=66
10.3%-66.5%0.510.1593.3x15692%
Supertrend
period=13, mult=5
5.2%-40.9%0.360.1310.4x16260%
EMA 크로스오버
fast=15, slow=105
4.0%-60.0%0.300.076.2x16266%
SMA 크로스오버
fast=21, slow=71
3.3%-60.7%0.270.054.6x18261%
ROC 모멘텀
n=124, threshold=-0.03
2.2%-59.4%0.210.042.8x37372%
볼린저 밴드 돌파
n=14, k=3
0.6%-18.0%0.190.031.3x282%
Parabolic SAR
step=0.005, maxStep=0.36
1.3%-68.9%0.160.021.8x41256%
Keltner 채널 돌파
emaPeriod=71, atrPeriod=19, mult=2.3
0.3%-67.4%0.100.001.1x24046%
ADX / DI 방향성
period=27, threshold=20
0.3%-50.6%0.080.011.1x17421%
MACD
fast=16, slow=34, signal=13
-0.5%-69.6%0.06-0.010.8x67249%
Buy and hold11.2%-59.5%0.520.19138.3x1100%
1x 10x 100x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -33% -50% -67% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -66.5% (2000-04-25 → 2009-03-13), recovered after 4,858 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 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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