Trend-Following Backtester · Guide · backtest 한국어

equity · US

Fluor Corporation backtest

10 trend-following strategies were compared on the full daily history of Fluor Corporation. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 5.2%, MDD -57.1%).

Data 2000-12-01 ~ 2026-07-31daily bars 6,452 (25.7 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 5.2%, drawdown -96.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.5%, MDD -84.7%, Sharpe 0.39, 84% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 2.3%p higher than buy and hold, while drawdown improves by 11.9%p (CAGR 5.2%, MDD -57.1%, exposure 55%).

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=13, exitN=84
7.5%-84.7%0.390.096.4x6584%
SMA 크로스오버
fast=15, slow=163
5.2%-57.1%0.320.093.6x6155%
볼린저 밴드 돌파
n=23, k=2.9
3.0%-40.4%0.270.072.1x5411%
EMA 크로스오버
fast=8, slow=207
2.6%-74.6%0.240.042.0x7157%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=8, mult=3.8
0.7%-16.4%0.200.041.2x41%
MACD
fast=18, slow=30, signal=18
0.8%-79.7%0.180.011.2x29851%
Parabolic SAR
step=0.005, maxStep=0.3
0.9%-84.0%0.180.011.2x20851%
Supertrend
period=12, mult=3.4
0.7%-80.4%0.180.011.2x14555%
ROC 모멘텀
n=120, threshold=-0.08
0.2%-78.1%0.170.001.0x18969%
ADX / DI 방향성
period=22, threshold=38
0.1%-11.5%0.060.011.0x122%
Buy and hold5.2%-96.6%0.340.053.7x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -72% -97% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -84.7% (2008-06-23 → 2020-04-16), recovered after 5,867 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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