Trend-Following Backtester · Guide · backtest 한국어

equity · US

Live Oak Bancshares, Inc. backtest

10 trend-following strategies were compared on the full daily history of Live Oak Bancshares, Inc.. 9 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 7.0%, MDD -10.8%).

Data 2015-07-23 ~ 2026-07-31daily bars 2,772 (11.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 7.6%, drawdown -79.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 24.1%, MDD -57.8%, Sharpe 0.85, 58% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 24.4%, MDD -50.5%, exposure 55%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 16.6%p higher than buy and hold, while drawdown improves by 21.7%p (CAGR 7.0%, MDD -10.8%, exposure 3%).

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=23, exitN=35
24.1%-57.8%0.850.4210.8x2958%
SMA 크로스오버
fast=36, slow=59
24.4%-50.5%0.850.4811.1x4555%
ADX / DI 방향성
period=32, threshold=35
7.0%-10.8%0.830.652.1x23%
볼린저 밴드 돌파
n=33, k=2
16.3%-50.6%0.770.325.3x5933%
Keltner 채널 돌파
emaPeriod=29, atrPeriod=9, mult=1.5
17.1%-51.0%0.770.345.7x7736%
Supertrend
period=16, mult=3
20.7%-47.9%0.760.437.9x5753%
ROC 모멘텀
n=78, threshold=-0.04
17.8%-59.4%0.690.306.1x9760%
EMA 크로스오버
fast=14, slow=55
16.9%-48.8%0.670.355.6x4755%
MACD
fast=19, slow=44, signal=22
10.6%-65.1%0.470.163.0x10153%
Parabolic SAR
step=0.01, maxStep=0.24
9.6%-57.1%0.450.172.8x14951%
Buy and hold7.6%-79.5%0.390.102.2x1100%
1x 10x 2016 2018 2020 2022 2024 2026 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -20% -40% -60% -79% 2016 2018 2020 2022 2024 2026 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -57.8% (2021-11-04 → 2023-06-05), 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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