Trend-Following Backtester · Guide · backtest 한국어

equity · US

Pulse Biosciences, Inc backtest

10 trend-following strategies were compared on the full daily history of Pulse Biosciences, Inc. 7 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 20.4%, MDD -30.8%).

Data 2016-05-18 ~ 2026-07-31daily bars 2,565 (10.2 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 23.2%, drawdown -97.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 52.2%, MDD -59.8%, Sharpe 0.95, 54% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 29.1%p higher than buy and hold, while drawdown improves by 37.4%p (CAGR 20.4%, MDD -30.8%, exposure 4%).

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=24, exitN=27
52.2%-59.8%0.950.8772.7x3554%
Supertrend
period=27, mult=4.1
36.4%-73.2%0.800.5023.8x3543%
SMA 크로스오버
fast=57, slow=83
36.7%-65.2%0.800.5624.3x3753%
Keltner 채널 돌파
emaPeriod=11, atrPeriod=24, mult=3.6
20.4%-30.8%0.780.666.7x104%
ADX / DI 방향성
period=26, threshold=13
34.3%-65.4%0.780.5220.2x7349%
Parabolic SAR
step=0.055, maxStep=0.12
30.9%-75.7%0.720.4115.6x30945%
EMA 크로스오버
fast=27, slow=56
28.0%-79.6%0.690.3512.4x3155%
ROC 모멘텀
n=53, threshold=-0.01
28.2%-74.7%0.690.3812.6x15354%
볼린저 밴드 돌파
n=26, k=2.8
18.7%-67.1%0.600.285.7x4317%
MACD
fast=16, slow=49, signal=9
16.7%-88.2%0.560.194.8x13950%
Buy and hold23.2%-97.2%0.670.248.4x1100%
1x 10x 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% -24% -49% -73% -97% 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -59.8% (2024-08-21 → 2026-01-02), recovered after 706 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

Read next