Trend-Following Backtester · Guide · backtest 한국어

equity · US

Xometry, Inc. backtest

10 trend-following strategies were compared on the full daily history of Xometry, Inc.. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 23.5%, MDD -31.7%).

Data 2021-06-30 ~ 2026-07-31daily bars 1,277 (5.1 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -0.5%, drawdown -87.2%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 39.2%, MDD -39.0%, Sharpe 0.96, 38% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 45.4%, MDD -52.3%, exposure 47%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 39.7%p higher than buy and hold, while drawdown improves by 48.2%p (CAGR 23.5%, MDD -31.7%, exposure 29%).

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
볼린저 밴드 돌파
n=46, k=1.5
39.2%-39.0%0.961.015.4x2238%
Donchian 채널 돌파
entryN=35, exitN=36
45.4%-52.3%0.950.876.7x1147%
ROC 모멘텀
n=43, threshold=0.12
36.6%-40.3%0.940.914.9x6237%
SMA 크로스오버
fast=25, slow=50
44.6%-58.8%0.920.766.5x2349%
Keltner 채널 돌파
emaPeriod=23, atrPeriod=13, mult=2.1
31.5%-40.3%0.900.784.0x2225%
Parabolic SAR
step=0.025, maxStep=0.22
31.9%-60.9%0.780.524.1x12251%
ADX / DI 방향성
period=13, threshold=25
23.5%-31.7%0.780.742.9x4429%
Supertrend
period=27, mult=2
26.8%-45.3%0.730.593.3x5441%
EMA 크로스오버
fast=7, slow=59
26.1%-51.4%0.710.513.3x2348%
MACD
fast=18, slow=35, signal=12
21.2%-56.5%0.610.382.7x6050%
Buy and hold-0.5%-87.2%0.40-0.011.0x1100%
1x 2022 2023 2024 2025 2026 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -22% -44% -65% -87% 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -39.0% (2025-09-29 → 2026-02-13), recovered after 226 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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