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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Ethan Allen Interiors Inc. backtest

10 trend-following strategies were compared on the full daily history of Ethan Allen Interiors Inc.. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 1993-03-16 ~ 2026-07-31daily bars 8,402 (33.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 3.7%, drawdown -84.7%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 0.5%, MDD -8.4%, Sharpe 0.21, 1% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 1.5%, MDD -84.0%, exposure 51%.

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
ADX / DI 방향성
period=32, threshold=39
0.5%-8.4%0.210.061.2x21%
SMA 크로스오버
fast=42, slow=67
1.5%-84.0%0.190.021.6x14351%
Donchian 채널 돌파
entryN=15, exitN=74
0.2%-77.6%0.180.001.1x10377%
볼린저 밴드 돌파
n=58, k=3
0.3%-60.8%0.090.001.1x4012%
EMA 크로스오버
fast=41, slow=75
-1.5%-84.2%0.08-0.020.6x9548%
Keltner 채널 돌파
emaPeriod=15, atrPeriod=27, mult=4
0.1%-30.0%0.050.001.0x283%
ROC 모멘텀
n=82, threshold=0.08
-3.1%-89.9%-0.03-0.030.3x38434%
Supertrend
period=16, mult=4.4
-5.7%-92.6%-0.07-0.060.1x15350%
MACD
fast=14, slow=55, signal=14
-8.4%-97.0%-0.17-0.090.1x43750%
Parabolic SAR
step=0.01, maxStep=0.2
-9.3%-96.8%-0.20-0.100.0x45150%
Buy and hold3.7%-84.7%0.290.043.3x1100%
1x 1994 1999 2004 2009 2014 2019 2024 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -21% -42% -64% -85% 1994 1999 2004 2009 2014 2019 2024 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -8.4% (2021-03-18 → 2021-03-24), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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