Trend-Following Backtester · Guide · backtest 한국어

equity · US

SunCoke Energy, Inc. backtest

10 trend-following strategies were compared on the full daily history of SunCoke Energy, Inc.. 9 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.6%, MDD -26.2%).

Data 2011-07-21 ~ 2026-07-31daily bars 3,779 (15.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -4.6%, drawdown -91.0%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.6%, MDD -26.2%, Sharpe 0.29, 3% exposure.

CAGR reference leader: Supertrend — CAGR 4.0%, MDD -62.1%, exposure 46%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 7.1%p higher than buy and hold, while drawdown improves by 64.8%p (CAGR 2.6%, MDD -26.2%, 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
ADX / DI 방향성
period=36, threshold=27
2.6%-26.2%0.290.101.5x63%
Supertrend
period=15, mult=5
4.0%-62.1%0.280.061.8x4046%
볼린저 밴드 돌파
n=58, k=2.1
3.9%-43.6%0.280.091.8x4828%
Donchian 채널 돌파
entryN=37, exitN=35
3.4%-63.1%0.260.051.6x4746%
SMA 크로스오버
fast=56, slow=200
3.5%-56.0%0.260.061.7x2146%
EMA 크로스오버
fast=22, slow=24
3.1%-73.0%0.260.041.6x8948%
ROC 모멘텀
n=61, threshold=0.09
1.7%-50.8%0.200.031.3x14732%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=21, mult=2.7
0.7%-49.4%0.150.011.1x5126%
MACD
fast=7, slow=33, signal=19
-3.1%-82.4%0.11-0.040.6x24551%
Parabolic SAR
step=0.015, maxStep=0.32
-9.3%-82.3%-0.09-0.110.2x27250%
Buy and hold-4.6%-91.0%0.17-0.050.5x1100%
1x 2012 2014 2016 2018 2020 2022 2024 2026 SupertrendADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -23% -45% -68% -91% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdSupertrendADX / DI 방향성
ADX / DI 방향성 maximum drawdown -26.2% (2016-04-20 → 2016-05-09), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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 setupAll asset reports

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