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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Abeona Therapeutics Inc. backtest

10 trend-following strategies were compared on the full daily history of Abeona Therapeutics Inc.. 10 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.4%, MDD -63.0%).

Data 1980-09-19 ~ 2026-07-31daily bars 11,558 (45.9 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -24.5%, drawdown -100.0%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 4.4%, MDD -63.0%, Sharpe 0.29, 3% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 28.9%p higher than buy and hold, while drawdown improves by 37.0%p (CAGR 4.4%, MDD -63.0%, 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
ADX / DI 방향성
period=30, threshold=36
4.4%-63.0%0.290.077.2x243%
SMA 크로스오버
fast=29, slow=93
-1.9%-92.4%0.26-0.020.4x11936%
Donchian 채널 돌파
entryN=40, exitN=29
-3.2%-95.5%0.23-0.030.2x13334%
볼린저 밴드 돌파
n=57, k=3.3
1.8%-90.9%0.230.022.2x5511%
EMA 크로스오버
fast=42, slow=99
-4.1%-96.3%0.18-0.040.1x8733%
Supertrend
period=29, mult=3.9
-9.0%-99.3%0.15-0.090.0x19834%
Parabolic SAR
step=0.03, maxStep=0.14
-12.4%-99.9%0.15-0.120.0x95244%
ROC 모멘텀
n=64, threshold=0.14
-6.4%-96.8%0.14-0.070.0x50527%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=23, mult=2.1
-5.3%-93.8%0.14-0.060.1x17923%
MACD
fast=17, slow=57, signal=17
-24.0%-100.0%0.01-0.240.0x52251%
Buy and hold-24.5%-100.0%0.26-0.240.0x1100%
0.000001 0.00001 0.0001 0.001 0.01 0.1 1x 10x 1981 1987 1993 1999 2005 2011 2017 2023 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -63.0% (2000-03-06 → 2015-06-10), 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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