Trend-Following Backtester · Guide · backtest 한국어

equity · US

Thermo Fisher Scientific Inc backtest

10 trend-following strategies were compared on the full daily history of Thermo Fisher Scientific Inc. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 12.9%, drawdown -71.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 13.2%, MDD -60.1%, Sharpe 0.61, 82% 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=18, exitN=67
13.2%-60.1%0.610.22310.7x10782%
ROC 모멘텀
n=43, threshold=-0.15
12.3%-76.3%0.550.16212.7x18992%
SMA 크로스오버
fast=36, slow=188
9.0%-48.2%0.490.1954.2x7868%
EMA 크로스오버
fast=31, slow=77
8.2%-54.2%0.460.1538.7x11367%
Supertrend
period=4, mult=5
7.9%-55.4%0.450.1433.3x17161%
Parabolic SAR
step=0.005, maxStep=0.14
4.7%-58.2%0.320.088.6x38957%
볼린저 밴드 돌파
n=59, k=1.7
4.0%-41.5%0.300.106.2x22946%
ADX / DI 방향성
period=28, threshold=14
3.6%-63.4%0.290.065.3x37742%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=17, mult=1.9
3.5%-58.2%0.280.065.0x28548%
MACD
fast=31, slow=59, signal=31
3.5%-63.8%0.270.065.0x33552%
Buy and hold12.9%-71.2%0.540.18276.9x1100%
1x 10x 100x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -53% -71% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -60.1% (1996-06-05 → 1999-11-15), recovered after 3,530 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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