Trend-Following Backtester · Guide · backtest 한국어

equity · US

Avalo Therapeutics, Inc. backtest

10 trend-following strategies were compared on the full daily history of Avalo 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 23.2%, MDD -44.6%).

Data 2015-10-14 ~ 2026-07-31daily bars 2,714 (10.8 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -47.4%, drawdown -100.0%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 23.2%, MDD -44.6%, Sharpe 0.79, 7% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 70.6%p higher than buy and hold, while drawdown improves by 55.4%p (CAGR 23.2%, MDD -44.6%, exposure 7%).

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=29, threshold=34
23.2%-44.6%0.790.529.5x47%
Parabolic SAR
step=0.06, maxStep=0.36
-10.3%-97.8%0.37-0.110.3x39145%
Donchian 채널 돌파
entryN=11, exitN=51
-18.7%-99.0%0.35-0.190.1x4772%
MACD
fast=19, slow=59, signal=18
-19.5%-99.3%0.35-0.200.1x8955%
ROC 모멘텀
n=4, threshold=-0.04
-28.5%-99.9%0.25-0.290.0x54564%
볼린저 밴드 돌파
n=50, k=3.5
0.8%-82.2%0.230.011.1x1615%
Keltner 채널 돌파
emaPeriod=46, atrPeriod=7, mult=2.1
-1.0%-86.1%0.22-0.010.9x3722%
EMA 크로스오버
fast=56, slow=121
-4.2%-83.5%0.20-0.050.6x1732%
Supertrend
period=23, mult=5
-19.8%-97.1%0.19-0.200.1x2744%
SMA 크로스오버
fast=21, slow=28
-27.2%-98.8%0.19-0.280.0x12743%
Buy and hold-47.4%-100.0%0.18-0.470.0x1100%
0.001 0.01 0.1 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% -25% -50% -75% -100% 2016 2018 2020 2022 2024 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -44.6% (2017-12-27 → 2018-01-10), recovered after 51 days.

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

Read next