Trend-Following Backtester · Guide · backtest 한국어

equity · US

Anterix Inc. backtest

10 trend-following strategies were compared on the full daily history of Anterix Inc.. 3 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 11.4%, MDD -18.5%).

Data 2015-02-03 ~ 2026-07-31daily bars 2,890 (11.5 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 7.6%, drawdown -72.3%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 11.4%, MDD -18.5%, Sharpe 0.76, 8% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 3.8%p higher than buy and hold, while drawdown improves by 53.8%p (CAGR 11.4%, MDD -18.5%, exposure 8%).

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=50, threshold=21
11.4%-18.5%0.760.623.4x38%
SMA 크로스오버
fast=68, slow=101
7.9%-64.6%0.390.122.4x4348%
MACD
fast=23, slow=28, signal=16
7.6%-61.5%0.370.122.3x12850%
볼린저 밴드 돌파
n=49, k=2.1
5.7%-67.6%0.340.081.9x4729%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=18, mult=3.6
5.1%-63.7%0.340.081.8x2319%
Donchian 채널 돌파
entryN=58, exitN=29
4.1%-68.2%0.280.061.6x3141%
Supertrend
period=23, mult=2.5
3.5%-65.6%0.270.051.5x8853%
Parabolic SAR
step=0.005, maxStep=0.08
1.6%-72.6%0.220.021.2x10051%
EMA 크로스오버
fast=43, slow=217
1.3%-68.7%0.200.021.2x2143%
ROC 모멘텀
n=75, threshold=0.01
0.7%-80.9%0.190.011.1x13348%
Buy and hold7.6%-72.3%0.390.102.3x1100%
1x 2016 2018 2020 2022 2024 2026 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -72% 2016 2018 2020 2022 2024 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -18.5% (2026-07-01 → 2026-07-29), 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 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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