Trend-Following Backtester · Guide · backtest 한국어

equity · US

Jones Lang LaSalle Incorporated backtest

10 trend-following strategies were compared on the full daily history of Jones Lang LaSalle Incorporated. 6 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 10.2%, MDD -50.9%).

Data 1997-07-17 ~ 2026-07-31daily bars 7,305 (29.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 9.0%, drawdown -86.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.7%, MDD -54.8%, Sharpe 0.67, 58% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 5.6%p higher than buy and hold, while drawdown improves by 31.4%p (CAGR 10.2%, MDD -50.9%, exposure 48%).

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=62, exitN=61
14.7%-54.8%0.670.2753.1x4558%
SMA 크로스오버
fast=26, slow=94
14.1%-53.3%0.640.2746.6x7560%
EMA 크로스오버
fast=17, slow=135
12.4%-66.8%0.590.1930.1x6361%
ADX / DI 방향성
period=69, threshold=4
11.7%-56.4%0.580.2125.1x17957%
ROC 모멘텀
n=129, threshold=0.11
10.2%-50.9%0.550.2016.7x23248%
Keltner 채널 돌파
emaPeriod=70, atrPeriod=16, mult=1.4
8.7%-64.0%0.470.1411.3x16553%
Supertrend
period=13, mult=4.4
9.4%-73.6%0.470.1313.7x11363%
볼린저 밴드 돌파
n=41, k=2.1
4.2%-55.7%0.310.083.3x14538%
MACD
fast=16, slow=28, signal=22
3.2%-83.9%0.250.042.5x33150%
Parabolic SAR
step=0.005, maxStep=0.08
2.9%-74.2%0.240.042.3x24357%
Buy and hold9.0%-86.2%0.410.1012.3x1100%
1x 10x 1998 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -86% 1998 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -54.8% (1998-06-16 → 2001-09-24), recovered after 1,987 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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