Trend-Following Backtester · Guide · backtest 한국어

equity · US

Realty Income Corporation backtest

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

Data 1994-10-18 ~ 2026-07-31daily bars 7,999 (31.8 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 6.8%, drawdown -50.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 3.9%, MDD -59.6%, Sharpe 0.28, 93% 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=9, exitN=136
3.9%-59.6%0.280.073.4x5793%
SMA 크로스오버
fast=61, slow=261
3.3%-48.4%0.270.072.8x3360%
Supertrend
period=28, mult=5
1.5%-52.2%0.170.031.6x9157%
EMA 크로스오버
fast=45, slow=152
0.8%-55.9%0.130.011.3x6163%
Parabolic SAR
step=0.005, maxStep=0.28
-1.4%-54.7%0.01-0.030.6x26757%
볼린저 밴드 돌파
n=24, k=3.1
-0.1%-23.8%-0.00-0.011.0x285%
MACD
fast=18, slow=37, signal=19
-1.8%-66.3%-0.01-0.030.6x37553%
ROC 모멘텀
n=130, threshold=-0.03
-3.4%-77.9%-0.10-0.040.3x28172%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=23, mult=2.7
-1.9%-64.4%-0.12-0.030.5x11932%
ADX / DI 방향성
period=31, threshold=36
-0.2%-5.7%-0.19-0.030.9x20%
Buy and hold6.8%-50.6%0.380.148.2x1100%
1x 10x 1995 1999 2003 2007 2011 2015 2019 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -30% -45% -60% 1995 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -59.6% (2007-11-13 → 2009-03-06), recovered after 1,690 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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