Trend-Following Backtester · Guide · backtest 한국어

equity · US

Definium Therapeutics, Inc. backtest

10 trend-following strategies were compared on the full daily history of Definium Therapeutics, Inc.. 8 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 35.3%, MDD -60.5%).

Data 2016-11-15 ~ 2026-07-31daily bars 2,439 (9.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 30.1%, drawdown -99.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 58.6%, MDD -65.2%, Sharpe 0.88, 35% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 67.6%, MDD -71.6%, exposure 41%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 28.5%p higher than buy and hold, while drawdown improves by 34.7%p (CAGR 35.3%, MDD -60.5%, exposure 17%).

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=87, exitN=55
58.6%-65.2%0.880.9087.9x735%
ADX / DI 방향성
period=31, threshold=24
35.3%-60.5%0.870.5818.8x1517%
EMA 크로스오버
fast=41, slow=172
54.3%-65.5%0.850.8367.3x737%
SMA 크로스오버
fast=25, slow=333
54.3%-65.2%0.850.8367.4x742%
볼린저 밴드 돌파
n=101, k=3.2
41.0%-65.2%0.740.6328.1x924%
ROC 모멘텀
n=149, threshold=0.06
67.6%-71.6%0.700.94150.2x6541%
Keltner 채널 돌파
emaPeriod=62, atrPeriod=9, mult=2.7
50.8%-79.6%0.620.6453.9x2729%
Parabolic SAR
step=0.01, maxStep=0.12
34.5%-95.4%0.600.3617.7x10443%
Supertrend
period=29, mult=4.6
27.6%-94.7%0.530.2910.6x3745%
MACD
fast=12, slow=17, signal=4
-23.1%-100.0%0.35-0.230.1x31251%
Buy and hold30.1%-99.9%0.430.3012.8x1100%
0.01 0.1 1x 10x 100x 2017 2019 2021 2023 2025 ROC 모멘텀Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -25% -50% -75% -100% 2017 2019 2021 2023 2025 Buy and holdROC 모멘텀Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -65.2% (2020-03-04 → 2020-03-23), recovered after 205 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

Read next