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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Ocugen, Inc. backtest

10 trend-following strategies were compared on the full daily history of Ocugen, Inc.. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 17.1%, MDD -65.9%).

Data 2014-12-03 ~ 2026-07-31daily bars 2,931 (11.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -42.0%, drawdown -100.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 24.6%, MDD -87.5%, Sharpe 0.55, 39% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 66.7%p higher than buy and hold, while drawdown improves by 12.5%p (CAGR 17.1%, MDD -65.9%, exposure 9%).

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=77, exitN=80
24.6%-87.5%0.550.2813.0x1239%
ROC 모멘텀
n=112, threshold=0.08
23.4%-80.1%0.540.2911.6x9234%
볼린저 밴드 돌파
n=36, k=3.3
20.6%-69.4%0.490.308.8x3014%
ADX / DI 방향성
period=17, threshold=17
2.6%-93.6%0.450.031.3x11236%
Keltner 채널 돌파
emaPeriod=25, atrPeriod=31, mult=2.9
17.1%-65.9%0.450.266.3x289%
SMA 크로스오버
fast=17, slow=162
5.0%-93.5%0.420.051.8x1833%
EMA 크로스오버
fast=8, slow=48
2.6%-90.4%0.420.031.4x6833%
Supertrend
period=24, mult=3.5
3.4%-84.6%0.380.041.5x5025%
Parabolic SAR
step=0.045, maxStep=0.38
-18.8%-98.6%0.26-0.190.1x35842%
MACD
fast=18, slow=38, signal=10
-32.5%-99.9%0.24-0.330.0x17455%
Buy and hold-42.0%-100.0%0.27-0.420.0x1100%
0.001 0.01 0.1 1x 10x 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -87.5% (2016-09-08 → 2020-11-02), recovered after 1,567 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 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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