Trend-Following Backtester · Guide · backtest 한국어

equity · US

Emerson Electric Company backtest

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

Data 1972-06-01 ~ 2026-07-31daily bars 13,654 (54.2 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.1%, drawdown -59.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.9%, MDD -55.3%, Sharpe 0.40, 95% 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=11, exitN=227
6.9%-55.3%0.400.1236.2x5195%
ROC 모멘텀
Hold-like · Exposure 100%
n=3, threshold=-0.11
6.4%-59.5%0.370.1128.6x31100%
SMA 크로스오버
fast=71, slow=202
1.9%-62.1%0.190.032.7x7963%
EMA 크로스오버
fast=48, slow=199
1.6%-53.4%0.180.032.4x8369%
볼린저 밴드 돌파
n=11, k=3
0.1%-2.6%0.130.051.1x20%
Supertrend
period=26, mult=4.5
-1.0%-78.2%0.03-0.010.6x23157%
ADX / DI 방향성
period=14, threshold=43
-0.3%-24.2%-0.08-0.010.9x382%
MACD
fast=17, slow=37, signal=18
-3.2%-92.0%-0.10-0.040.2x68550%
Parabolic SAR
step=0.005, maxStep=0.08
-3.4%-93.2%-0.11-0.040.2x46756%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=19, mult=4
-1.6%-59.4%-0.11-0.030.4x13222%
Buy and hold7.1%-59.1%0.390.1242.0x1100%
1x 10x 1973 1980 1987 1994 2001 2008 2015 2022 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -30% -44% -59% 1973 1980 1987 1994 2001 2008 2015 2022 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -55.3% (2000-12-29 → 2003-03-12), recovered after 2,387 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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