Trend-Following Backtester · Guide · backtest 한국어

equity · US

Delcath Systems, Inc. backtest

10 trend-following strategies were compared on the full daily history of Delcath Systems, Inc.. 10 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 11.4%, MDD -46.5%).

Data 2018-05-03 ~ 2026-07-31daily bars 2,072 (8.2 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -41.0%, drawdown -100.0%).

Sharpe leader (same as main): Supertrend — CAGR 25.6%, MDD -57.1%, Sharpe 0.65, 38% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 66.6%p higher than buy and hold, while drawdown improves by 42.9%p (CAGR 11.4%, MDD -46.5%, exposure 26%).

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
Supertrend
period=30, mult=4.7
25.6%-57.1%0.650.456.5x1538%
ROC 모멘텀
n=89, threshold=0.06
18.5%-61.7%0.560.304.1x5133%
SMA 크로스오버
fast=15, slow=170
14.1%-56.3%0.520.253.0x1135%
EMA 크로스오버
fast=10, slow=200
11.4%-46.5%0.490.252.4x726%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=12, mult=1.7
10.9%-68.8%0.430.162.3x3029%
Donchian 채널 돌파
entryN=97, exitN=34
7.0%-55.3%0.370.131.8x925%
Parabolic SAR
step=0.025, maxStep=0.18
-6.3%-92.7%0.23-0.070.6x16842%
볼린저 밴드 돌파
n=16, k=3.4
1.7%-61.2%0.210.031.1x103%
MACD
fast=15, slow=44, signal=18
-13.2%-96.7%0.16-0.140.3x8054%
ADX / DI 방향성
period=34, threshold=19
-5.9%-95.0%0.15-0.060.6x2120%
Buy and hold-41.0%-100.0%0.10-0.410.0x1100%
0.01 0.1 1x 2019 2020 2021 2022 2023 2024 2025 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdSupertrend
Supertrend maximum drawdown -57.1% (2018-09-19 → 2020-09-24), recovered after 874 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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