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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Forestar Group Inc backtest

10 trend-following strategies were compared on the full daily history of Forestar Group Inc. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 4.0%, MDD -11.1%).

Data 2007-12-13 ~ 2026-07-31daily bars 4,686 (18.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 0.8%, drawdown -89.8%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 4.0%, MDD -11.1%, Sharpe 0.61, 6% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 10.1%, MDD -56.1%, exposure 66%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 3.2%p higher than buy and hold, while drawdown improves by 78.7%p (CAGR 4.0%, MDD -11.1%, exposure 6%).

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
볼린저 밴드 돌파
n=34, k=3.3
4.0%-11.1%0.610.362.1x126%
Keltner 채널 돌파
emaPeriod=8, atrPeriod=17, mult=2.3
3.3%-25.4%0.490.131.8x285%
Donchian 채널 돌파
entryN=28, exitN=63
10.1%-56.1%0.450.186.0x4966%
ROC 모멘텀
n=134, threshold=0.17
6.3%-47.0%0.400.133.1x9632%
Supertrend
period=18, mult=3
7.2%-62.8%0.380.113.6x11849%
SMA 크로스오버
fast=14, slow=176
6.0%-49.8%0.350.122.9x3753%
Parabolic SAR
step=0.005, maxStep=0.22
5.3%-56.9%0.320.092.6x15850%
EMA 크로스오버
fast=41, slow=124
4.2%-54.3%0.290.082.2x3354%
MACD
fast=13, slow=36, signal=16
2.8%-84.4%0.250.031.7x25249%
ADX / DI 방향성
period=20, threshold=26
1.4%-43.6%0.170.031.3x6416%
Buy and hold0.8%-89.8%0.270.011.2x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -22% -45% -67% -90% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -11.1% (2018-02-01 → 2018-03-07), recovered after 1,770 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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.
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