SleepWell Trade

Trend-Following Backtester · Guide · backtest 한국어

equity · US

Cartesian Therapeutics, Inc. backtest

10 trend-following strategies were compared on the full daily history of Cartesian Therapeutics, 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 2.3%, MDD -29.1%).

Data 2016-06-22 ~ 2026-07-31daily bars 2,541 (10.1 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -32.6%, drawdown -99.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.0%, MDD -48.2%, Sharpe 0.43, 8% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 40.6%p higher than buy and hold, while drawdown improves by 51.0%p (CAGR 2.3%, MDD -29.1%, exposure 3%).

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=71, exitN=4
8.0%-48.2%0.430.172.2x288%
볼린저 밴드 돌파
n=31, k=3.5
5.0%-48.0%0.310.101.6x128%
MACD
fast=15, slow=57, signal=7
-4.1%-82.0%0.26-0.050.7x15453%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=14, mult=3.8
2.3%-29.1%0.220.081.3x63%
Parabolic SAR
step=0.01, maxStep=0.28
-6.2%-81.8%0.18-0.080.5x12442%
Supertrend
period=26, mult=2.4
-6.3%-84.3%0.17-0.070.5x7640%
ADX / DI 방향성
period=13, threshold=28
-2.6%-66.8%0.13-0.040.8x5418%
SMA 크로스오버
fast=7, slow=21
-12.7%-91.7%0.08-0.140.3x12645%
ROC 모멘텀
n=18, threshold=0.04
-12.4%-88.3%0.06-0.140.3x25837%
EMA 크로스오버
fast=18, slow=29
-19.9%-94.3%-0.08-0.210.1x6240%
Buy and hold-32.6%-99.3%0.03-0.330.0x1100%
0.1 1x 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% -74% -99% 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -48.2% (2022-08-10 → 2026-06-15), prior peak not yet recovered.

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

Read next