Trend-Following Backtester · Guide · backtest 한국어

equity · US

Global Partners LP backtest

10 trend-following strategies were compared on the full daily history of Global Partners LP. 4 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 4.9%, MDD -25.5%).

Data 2005-09-29 ~ 2026-07-31daily bars 5,241 (20.8 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 3.6%, drawdown -83.5%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 4.9%, MDD -25.5%, Sharpe 0.48, 12% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 9.3%, MDD -51.8%, exposure 56%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.3%p higher than buy and hold, while drawdown improves by 58.0%p (CAGR 4.9%, MDD -25.5%, exposure 12%).

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=55, k=3.3
4.9%-25.5%0.480.192.7x1812%
SMA 크로스오버
fast=52, slow=114
9.3%-51.8%0.480.186.4x4556%
EMA 크로스오버
fast=50, slow=203
6.4%-56.9%0.370.113.6x2562%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=15, mult=3.5
3.5%-54.6%0.310.062.1x4822%
ADX / DI 방향성
period=44, threshold=28
1.6%-17.7%0.290.091.4x63%
ROC 모멘텀
n=85, threshold=-0.04
3.8%-72.1%0.270.052.2x20166%
Donchian 채널 돌파
entryN=47, exitN=75
2.0%-57.3%0.210.031.5x4562%
Supertrend
period=25, mult=4.5
-1.4%-66.4%0.07-0.020.7x7455%
Parabolic SAR
step=0.015, maxStep=0.3
-1.7%-76.5%0.07-0.020.7x34953%
MACD
fast=14, slow=52, signal=12
-6.2%-85.5%-0.11-0.070.3x31352%
Buy and hold3.6%-83.5%0.290.042.1x1100%
1x 2006 2009 2012 2015 2018 2021 2024 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -21% -42% -63% -83% 2006 2009 2012 2015 2018 2021 2024 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -25.5% (2021-06-11 → 2022-11-09), prior peak not yet recovered.

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 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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