Trend-Following Backtester · Guide · backtest 한국어

equity · US

Quaker Houghton backtest

10 trend-following strategies were compared on the full daily history of Quaker Houghton. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.8%, drawdown -85.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 5.4%, MDD -58.0%, Sharpe 0.32, 78% exposure.

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
Donchian 채널 돌파
entryN=44, exitN=131
5.4%-58.0%0.320.0911.5x6378%
SMA 크로스오버
fast=54, slow=209
3.7%-69.6%0.270.055.3x6560%
Parabolic SAR
step=0.015, maxStep=0.14
2.6%-88.6%0.230.033.3x70753%
Supertrend
period=7, mult=4.8
0.7%-77.1%0.160.011.4x15756%
EMA 크로스오버
fast=51, slow=224
0.4%-78.4%0.150.001.2x6763%
ADX / DI 방향성
period=8, threshold=37
-0.7%-86.4%0.05-0.010.7x50622%
볼린저 밴드 돌파
n=29, k=3.5
0.1%-34.4%0.050.001.0x526%
ROC 모멘텀
n=147, threshold=-0.1
-3.5%-97.2%0.05-0.040.2x32777%
MACD
fast=38, slow=58, signal=29
-3.0%-92.7%0.03-0.030.2x35151%
Keltner 채널 돌파
emaPeriod=37, atrPeriod=14, mult=2
-2.6%-81.0%-0.03-0.030.3x28431%
Buy and hold7.8%-85.8%0.390.0933.1x1100%
1x 10x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -58.0% (2021-02-22 → 2026-05-19), prior peak not yet recovered.

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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