Trend-Following Backtester · Guide · backtest 한국어

equity · CA

iA Financial Corporation Inc. backtest

10 trend-following strategies were compared on the full daily history of iA Financial Corporation Inc.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 9.9%, MDD -38.7%).

Data 2000-02-10 ~ 2026-07-31daily bars 6,650 (26.5 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.7%, drawdown -67.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.9%, MDD -38.7%, Sharpe 0.61, 63% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.8%p lower than buy and hold, while drawdown improves by 29.1%p (CAGR 9.9%, MDD -38.7%, exposure 63%).

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=43, exitN=39
9.9%-38.7%0.610.2612.3x6963%
Supertrend
period=18, mult=4.4
8.5%-43.4%0.530.198.6x9163%
EMA 크로스오버
fast=49, slow=91
8.4%-43.3%0.530.198.4x4569%
SMA 크로스오버
fast=53, slow=219
7.4%-58.9%0.480.136.6x3166%
ROC 모멘텀
n=82, threshold=-0.03
7.5%-48.8%0.470.156.7x21373%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=16, mult=2.8
4.5%-32.1%0.430.143.2x9125%
ADX / DI 방향성
period=29, threshold=27
3.0%-17.3%0.400.172.2x3110%
볼린저 밴드 돌파
n=44, k=2.4
3.6%-33.9%0.340.112.6x9530%
MACD
fast=18, slow=37, signal=20
0.8%-60.6%0.140.011.2x30249%
Parabolic SAR
step=0.005, maxStep=0.36
0.2%-67.7%0.100.001.0x23256%
Buy and hold12.7%-67.8%0.580.1923.7x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -34% -51% -68% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -38.7% (2005-03-10 → 2009-04-07), recovered after 1,805 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 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 setupAll asset reports

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