Trend-Following Backtester · Guide · backtest 한국어

equity · US

Timken Company (The) backtest

10 trend-following strategies were compared on the full daily history of Timken Company (The). 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is MACD (CAGR 4.7%, MDD -57.0%).

Data 1973-02-21 ~ 2026-07-31daily bars 13,474 (53.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 5.6%, drawdown -76.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 5.9%, MDD -72.2%, Sharpe 0.35, 79% exposure.

Return/drawdown alternative: MACD — CAGR is 0.3%p higher than buy and hold, while drawdown improves by 3.8%p (CAGR 4.7%, MDD -57.0%, exposure 51%).

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=14, exitN=59
5.9%-72.2%0.350.0821.3x18579%
MACD
fast=17, slow=36, signal=20
4.7%-57.0%0.320.0811.6x58451%
ROC 모멘텀
Hold-like · Exposure 100%
n=1, threshold=-0.14
4.8%-79.3%0.310.0612.6x13100%
Supertrend
period=12, mult=3
3.7%-60.5%0.280.067.1x42955%
볼린저 밴드 돌파
n=48, k=3.5
1.3%-30.9%0.210.041.9x489%
Keltner 채널 돌파
emaPeriod=49, atrPeriod=17, mult=4
1.5%-51.7%0.180.032.2x14023%
EMA 크로스오버
fast=25, slow=87
1.5%-75.1%0.180.022.3x16555%
SMA 크로스오버
fast=22, slow=59
1.2%-73.2%0.170.021.9x24956%
Parabolic SAR
step=0.005, maxStep=0.38
1.1%-72.5%0.160.021.8x45654%
ADX / DI 방향성
period=51, threshold=14
0.6%-73.3%0.110.011.4x18322%
Buy and hold5.6%-76.0%0.330.0718.6x1100%
1x 10x 1974 1981 1988 1995 2002 2009 2016 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -76% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -72.2% (2006-01-30 → 2009-03-20), recovered after 2,564 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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