Trend-Following Backtester · Guide · backtest 한국어

equity · US

ServisFirst Bancshares, Inc. backtest

10 trend-following strategies were compared on the full daily history of ServisFirst Bancshares, Inc.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 14.1%, MDD -37.2%).

Data 2014-05-14 ~ 2026-07-31daily bars 3,072 (12.2 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 16.2%, drawdown -57.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.1%, MDD -37.2%, Sharpe 0.64, 67% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.1%p lower than buy and hold, while drawdown improves by 20.6%p (CAGR 14.1%, MDD -37.2%, exposure 67%).

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=43, exitN=59
14.1%-37.2%0.640.385.0x2167%
ROC 모멘텀
n=149, threshold=0.11
11.2%-43.3%0.620.263.6x7545%
Supertrend
period=11, mult=3.8
10.8%-45.8%0.550.243.5x4760%
SMA 크로스오버
fast=38, slow=173
9.0%-53.7%0.470.172.9x2362%
Keltner 채널 돌파
emaPeriod=25, atrPeriod=10, mult=3.4
3.8%-23.8%0.440.161.6x179%
EMA 크로스오버
fast=54, slow=109
7.7%-48.2%0.420.162.5x2165%
볼린저 밴드 돌파
n=59, k=1.5
6.0%-43.8%0.390.142.0x6742%
ADX / DI 방향성
period=11, threshold=35
2.6%-18.3%0.380.141.4x288%
Parabolic SAR
step=0.01, maxStep=0.28
2.3%-65.9%0.210.031.3x17158%
MACD
fast=19, slow=42, signal=17
1.2%-63.7%0.170.021.2x14549%
Buy and hold16.2%-57.8%0.610.286.3x1100%
1x 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -29% -43% -58% 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -37.2% (2017-02-23 → 2020-07-09), recovered after 1,462 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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