SleepWell Trade

Trend-Following Backtester · Guide · backtest 한국어

equity · US

Oil States International, Inc. backtest

10 trend-following strategies were compared on the full daily history of Oil States International, Inc.. 8 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 6.2%, MDD -59.0%).

Data 2001-02-09 ~ 2026-07-31daily bars 6,405 (25.5 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 1.7%, drawdown -97.4%).

Sharpe leader (same as main): Supertrend — CAGR 9.3%, MDD -66.3%, Sharpe 0.43, 50% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 7.5%p higher than buy and hold, while drawdown improves by 31.1%p (CAGR 6.2%, MDD -59.0%, exposure 43%).

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
Supertrend
period=11, mult=3.7
9.3%-66.3%0.430.149.5x12450%
Donchian 채널 돌파
entryN=22, exitN=13
8.7%-62.9%0.420.148.3x16044%
Keltner 채널 돌파
emaPeriod=38, atrPeriod=14, mult=1.6
7.4%-63.9%0.390.126.2x16037%
볼린저 밴드 돌파
n=33, k=1.1
6.2%-59.0%0.350.114.6x24243%
MACD
fast=15, slow=46, signal=13
3.8%-79.7%0.290.052.6x34952%
Parabolic SAR
step=0.01, maxStep=0.22
3.8%-78.8%0.280.052.6x35852%
ROC 모멘텀
n=50, threshold=-0.01
3.4%-81.4%0.270.042.3x37456%
EMA 크로스오버
fast=8, slow=16
2.8%-78.7%0.260.042.0x33254%
ADX / DI 방향성
period=20, threshold=11
1.6%-77.8%0.220.021.5x42049%
SMA 크로스오버
fast=39, slow=174
1.6%-87.5%0.220.021.5x4857%
Buy and hold1.7%-97.4%0.310.021.5x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -49% -73% -97% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSupertrend
Supertrend maximum drawdown -66.3% (2023-03-03 → 2025-05-30), prior peak not yet recovered.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupMore US assetsAll asset reports

Read next