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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Chiron Real Estate Inc. backtest

10 trend-following strategies were compared on the full daily history of Chiron Real Estate Inc.. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 1.9%, MDD -15.5%).

Data 2016-06-30 ~ 2026-07-31daily bars 2,535 (10.1 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -3.5%, drawdown -67.2%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 1.9%, MDD -15.5%, Sharpe 0.33, 3% exposure.

CAGR reference leader: Supertrend — CAGR 2.2%, MDD -40.0%, exposure 64%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.4%p higher than buy and hold, while drawdown improves by 51.7%p (CAGR 1.9%, MDD -15.5%, 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
볼린저 밴드 돌파
n=12, k=2.7
1.9%-15.5%0.330.121.2x143%
Supertrend
period=35, mult=5
2.2%-40.0%0.210.061.2x2564%
Donchian 채널 돌파
entryN=15, exitN=63
-1.0%-56.9%0.09-0.020.9x3175%
SMA 크로스오버
fast=47, slow=155
-1.5%-54.6%0.06-0.030.9x1751%
EMA 크로스오버
fast=33, slow=264
-1.0%-49.6%0.06-0.020.9x1340%
MACD
fast=16, slow=58, signal=24
-1.7%-38.3%0.04-0.040.8x9051%
ADX / DI 방향성
period=26, threshold=22
-0.7%-23.8%-0.04-0.030.9x206%
Parabolic SAR
step=0.015, maxStep=0.14
-3.7%-45.1%-0.05-0.080.7x17650%
Keltner 채널 돌파
emaPeriod=11, atrPeriod=30, mult=2.1
-1.0%-26.3%-0.09-0.040.9x288%
ROC 모멘텀
n=115, threshold=0
-7.4%-67.6%-0.27-0.110.5x11450%
Buy and hold-3.5%-67.2%0.07-0.050.7x1100%
1x 2017 2019 2021 2023 2025 Supertrend볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -17% -34% -50% -67% 2017 2019 2021 2023 2025 Buy and holdSupertrend볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -15.5% (2016-12-16 → 2020-08-20), recovered after 2,999 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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.
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