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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Zion Oil & Gas, Inc. backtest

10 trend-following strategies were compared on the full daily history of Zion Oil & Gas, Inc.. 10 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 2007-01-03 ~ 2026-07-31daily bars 4,925 (19.6 years)Costs 0.5%Venue OTCMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -15.9%, drawdown -99.8%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR -1.6%, MDD -98.2%, Sharpe 0.34, 44% exposure.

CAGR reference leader: 볼린저 밴드 돌파 — CAGR -0.0%, MDD -92.2%, exposure 27%.

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
ADX / DI 방향성
period=8, threshold=21
-1.6%-98.2%0.34-0.020.7x42244%
볼린저 밴드 돌파
n=19, k=1.2
-0.0%-92.2%0.30-0.001.0x23827%
Supertrend
period=21, mult=2.9
-1.2%-94.3%0.30-0.010.8x12632%
Donchian 채널 돌파
entryN=29, exitN=19
-0.8%-90.6%0.29-0.010.8x8633%
SMA 크로스오버
fast=38, slow=183
-2.0%-96.6%0.26-0.020.7x3738%
Parabolic SAR
step=0.02, maxStep=0.16
-5.2%-98.6%0.26-0.050.4x28939%
ROC 모멘텀
n=15, threshold=0.06
-3.7%-94.9%0.26-0.040.5x43827%
MACD
fast=16, slow=38, signal=8
-12.9%-99.7%0.21-0.130.1x32552%
EMA 크로스오버
fast=71, slow=73
-5.2%-95.9%0.21-0.050.4x4337%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=15, mult=2.4
-6.8%-95.4%0.12-0.070.2x7419%
Buy and hold-15.9%-99.8%0.33-0.160.0x1100%
0.01 0.1 1x 2008 2011 2014 2017 2020 2023 2026 볼린저 밴드 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), 볼린저 밴드 돌파 (CAGR reference), Buy and hold.
0% -25% -50% -75% -100% 2008 2011 2014 2017 2020 2023 2026 Buy and hold볼린저 밴드 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -98.2% (2009-02-24 → 2024-10-11), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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 setupMore US assetsAll asset reports

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