Trend-Following Backtester · Guide · backtest 한국어

equity · US

Lightwave Logic, Inc. backtest

10 trend-following strategies were compared on the full daily history of Lightwave Logic, Inc.. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 27.2%, MDD -57.1%).

Data 2006-05-16 ~ 2026-07-31daily bars 5,084 (20.2 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 6.8%, drawdown -95.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 27.2%, MDD -57.1%, Sharpe 0.73, 13% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 20.4%p higher than buy and hold, while drawdown improves by 38.7%p (CAGR 27.2%, MDD -57.1%, exposure 13%).

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=72, exitN=8
27.2%-57.1%0.730.48130.0x5213%
볼린저 밴드 돌파
n=22, k=2.6
26.5%-73.3%0.700.36115.2x9618%
Keltner 채널 돌파
emaPeriod=25, atrPeriod=29, mult=3.9
18.7%-65.4%0.610.2932.0x349%
MACD
fast=13, slow=77, signal=31
19.2%-86.3%0.590.2235.0x16849%
ADX / DI 방향성
period=14, threshold=31
14.7%-76.4%0.520.1916.0x8814%
EMA 크로스오버
fast=54, slow=149
8.5%-88.4%0.430.105.2x3136%
ROC 모멘텀
n=141, threshold=0.12
8.3%-88.8%0.420.095.0x18733%
SMA 크로스오버
fast=36, slow=163
6.7%-91.6%0.410.073.7x4742%
Supertrend
period=9, mult=2.8
5.0%-90.1%0.390.052.7x13246%
Parabolic SAR
step=0.03, maxStep=0.24
3.5%-92.7%0.370.042.0x48442%
Buy and hold6.8%-95.8%0.530.073.8x1100%
1x 10x 100x 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -72% -96% 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -57.1% (2012-01-19 → 2016-07-08), recovered after 3,295 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 setupAll asset reports

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