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Trend-Following Backtester · Guide · backtest 한국어

equity · US

InflaRx N.V. backtest

10 trend-following strategies were compared on the full daily history of InflaRx N.V.. 10 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 15.2%, MDD -40.9%).

Data 2017-11-07 ~ 2026-07-31daily bars 2,193 (8.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -22.1%, drawdown -98.6%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 25.6%, MDD -68.7%, Sharpe 0.65, 44% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 47.8%p higher than buy and hold, while drawdown improves by 29.8%p (CAGR 15.2%, MDD -40.9%, 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
ADX / DI 방향성
period=7, threshold=22
25.6%-68.7%0.650.377.3x19644%
Parabolic SAR
step=0.06, maxStep=0.14
5.3%-95.3%0.600.061.6x27244%
볼린저 밴드 돌파
n=18, k=3.2
18.3%-44.4%0.580.414.3x209%
ROC 모멘텀
n=10, threshold=0.14
19.1%-67.0%0.540.284.6x15417%
Donchian 채널 돌파
entryN=54, exitN=7
15.2%-40.9%0.510.373.4x3015%
SMA 크로스오버
fast=20, slow=54
4.9%-81.6%0.410.061.5x4645%
Keltner 채널 돌파
emaPeriod=13, atrPeriod=22, mult=2
8.0%-64.5%0.410.122.0x3813%
Supertrend
period=22, mult=2
7.0%-80.7%0.400.091.8x8438%
MACD
fast=9, slow=55, signal=9
-6.0%-91.7%0.30-0.070.6x16251%
EMA 크로스오버
fast=4, slow=32
-6.0%-88.8%0.28-0.070.6x11843%
Buy and hold-22.1%-98.6%0.39-0.220.1x1100%
0.1 1x 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% -49% -74% -99% 2018 2020 2022 2024 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -68.7% (2021-11-12 → 2024-03-22), recovered after 1,386 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 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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