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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Tectonic Therapeutic, Inc. backtest

10 trend-following strategies were compared on the full daily history of Tectonic Therapeutic, Inc.. 6 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 7.3%, MDD -9.9%).

Data 2018-06-21 ~ 2026-07-31daily bars 2,038 (8.1 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR -27.4%, drawdown -99.8%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 7.3%, MDD -9.9%, Sharpe 0.66, 2% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 34.7%p higher than buy and hold, while drawdown improves by 89.9%p (CAGR 7.3%, MDD -9.9%, exposure 2%).

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
Keltner 채널 돌파
emaPeriod=13, atrPeriod=6, mult=3.2
7.3%-9.9%0.660.741.8x22%
ADX / DI 방향성
period=30, threshold=28
3.1%-18.6%0.440.171.3x41%
SMA 크로스오버
fast=54, slow=75
-3.1%-98.0%0.37-0.030.8x3340%
EMA 크로스오버
fast=53, slow=196
-5.0%-97.2%0.34-0.050.7x926%
Supertrend
period=18, mult=3.8
-30.5%-98.2%0.02-0.310.1x2844%
ROC 모멘텀
n=128, threshold=0.05
-16.5%-88.1%-0.02-0.190.2x8133%
MACD
fast=19, slow=46, signal=13
-25.2%-97.7%-0.06-0.260.1x9252%
Donchian 채널 돌파
entryN=5, exitN=37
-45.9%-99.8%-0.08-0.460.0x4779%
Parabolic SAR
step=0.035, maxStep=0.26
-30.1%-97.6%-0.14-0.310.1x24248%
볼린저 밴드 돌파
n=46, k=1.4
-37.6%-98.6%-0.19-0.380.0x4829%
Buy and hold-27.4%-99.8%0.35-0.270.1x1100%
0.01 0.1 1x 2019 2020 2021 2022 2023 2024 2025 2026 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -9.9% (2024-11-12 → 2024-11-15), prior peak not yet recovered.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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