Trend-Following Backtester · Guide · backtest 한국어

equity · US

Tango Therapeutics, Inc. backtest

10 trend-following strategies were compared on the full daily history of Tango Therapeutics, Inc.. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 51.3%, MDD -41.5%).

Data 2020-09-03 ~ 2026-07-31daily bars 1,483 (5.9 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 17.9%, drawdown -93.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 82.2%, MDD -48.8%, Sharpe 1.12, 50% exposure.

Return/drawdown alternative: Supertrend — CAGR is 64.3%p higher than buy and hold, while drawdown improves by 44.9%p (CAGR 51.3%, MDD -41.5%, exposure 44%).

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=25, exitN=32
82.2%-48.8%1.121.6934.6x1350%
ROC 모멘텀
n=62, threshold=-0.02
74.0%-49.8%1.061.4926.4x4351%
ADX / DI 방향성
period=48, threshold=15
56.6%-49.2%1.041.1514.1x1149%
Supertrend
period=26, mult=3.8
51.3%-41.5%1.041.2311.5x1744%
EMA 크로스오버
fast=28, slow=30
53.5%-50.3%1.001.0612.6x1748%
Keltner 채널 돌파
emaPeriod=61, atrPeriod=13, mult=0.9
56.0%-50.9%0.931.1013.8x3241%
볼린저 밴드 돌파
n=28, k=3.1
30.6%-43.4%0.870.714.8x2021%
SMA 크로스오버
fast=19, slow=66
41.3%-54.5%0.870.767.7x1745%
Parabolic SAR
step=0.035, maxStep=0.16
43.0%-60.5%0.790.718.3x16648%
MACD
fast=10, slow=23, signal=9
18.2%-79.2%0.540.232.7x11848%
Buy and hold17.9%-93.6%0.600.192.6x1100%
1x 10x 2021 2022 2023 2024 2025 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -47% -70% -94% 2021 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -48.8% (2024-08-26 → 2025-05-23), recovered after 284 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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