Trend-Following Backtester · Guide · backtest 한국어

equity · US

Universal Display Corporation backtest

10 trend-following strategies were compared on the full daily history of Universal Display Corporation. 1 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester.

Data 1996-04-11 ~ 2026-07-31daily bars 7,625 (30.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 9.5%, drawdown -85.5%).

Sharpe leader (same as main): Supertrend — CAGR 11.5%, MDD -75.1%, Sharpe 0.46, 49% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
Supertrend
period=6, mult=2.2
11.5%-75.1%0.460.1527.3x30049%
MACD
fast=18, slow=34, signal=18
9.3%-85.0%0.410.1114.8x35751%
Parabolic SAR
step=0.015, maxStep=0.34
9.2%-79.4%0.410.1214.4x50750%
Donchian 채널 돌파
entryN=10, exitN=62
5.2%-86.7%0.370.064.7x12481%
볼린저 밴드 돌파
n=51, k=3.3
6.4%-54.8%0.350.126.5x4815%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=19, mult=1.5
4.9%-78.3%0.310.064.3x27029%
EMA 크로스오버
fast=36, slow=134
2.9%-89.0%0.280.032.3x6652%
SMA 크로스오버
fast=19, slow=193
2.7%-81.9%0.270.032.2x7652%
ROC 모멘텀
n=190, threshold=0.02
2.5%-87.5%0.270.032.1x24451%
ADX / DI 방향성
period=15, threshold=11
1.6%-82.5%0.250.021.6x58250%
Buy and hold9.5%-85.5%0.450.1115.6x1100%
1x 10x 1997 2001 2005 2009 2013 2017 2021 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrend
Supertrend maximum drawdown -75.1% (1996-06-12 → 1999-11-12), recovered after 1,297 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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