SleepWell Trade

Trend-Following Backtester · Guide · backtest 한국어

equity · US

4D Molecular Therapeutics, Inc. backtest

10 trend-following strategies were compared on the full daily history of 4D Molecular Therapeutics, Inc.. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 18.5%, MDD -28.0%).

Data 2020-12-11 ~ 2026-07-31daily bars 1,414 (5.6 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -21.8%, drawdown -95.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 36.7%, MDD -50.1%, Sharpe 0.76, 45% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 58.5%p higher than buy and hold, while drawdown improves by 45.1%p (CAGR 18.5%, MDD -28.0%, exposure 15%).

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=30, exitN=45
36.7%-50.1%0.760.735.8x1345%
볼린저 밴드 돌파
n=48, k=2.9
31.5%-40.9%0.720.774.7x818%
Keltner 채널 돌파
emaPeriod=27, atrPeriod=21, mult=3.7
18.2%-38.0%0.660.482.6x811%
ROC 모멘텀
n=40, threshold=0.1
20.5%-50.8%0.570.402.9x5629%
ADX / DI 방향성
period=19, threshold=26
18.5%-28.0%0.550.662.6x1815%
SMA 크로스오버
fast=58, slow=124
17.7%-41.4%0.530.432.5x1536%
Supertrend
period=16, mult=2.1
10.8%-67.8%0.470.161.8x5039%
EMA 크로스오버
fast=25, slow=38
2.3%-68.2%0.330.031.1x2537%
Parabolic SAR
step=0.015, maxStep=0.36
-14.4%-77.4%0.06-0.190.4x9444%
MACD
fast=16, slow=43, signal=11
-16.3%-91.4%0.05-0.180.4x7848%
Buy and hold-21.8%-95.2%0.15-0.230.3x1100%
0.1 1x 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% -24% -48% -71% -95% 2021 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -50.1% (2024-03-27 → 2025-05-27), recovered after 505 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 setupMore US assetsAll asset reports

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