Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Winpak Ltd. backtest

10 trend-following strategies were compared on the full daily history of Winpak Ltd.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1996-08-13 ~ 2026-07-31daily bars 7,530 (30.0 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.7%, drawdown -69.6%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 5.7%, MDD -63.8%, Sharpe 0.34, 84% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=17, exitN=74
5.7%-63.8%0.340.095.2x8384%
EMA 크로스오버
fast=38, slow=118
4.6%-72.3%0.310.063.9x5961%
SMA 크로스오버
fast=55, slow=211
4.4%-60.6%0.310.073.6x4259%
Parabolic SAR
step=0.005, maxStep=0.08
4.1%-56.9%0.290.073.3x21355%
ROC 모멘텀
n=141, threshold=-0.09
1.9%-78.7%0.200.021.8x20581%
ADX / DI 방향성
period=28, threshold=36
0.6%-10.9%0.170.061.2x102%
Supertrend
period=29, mult=3.3
0.8%-54.6%0.150.021.3x21952%
MACD
fast=20, slow=56, signal=20
0.5%-76.9%0.130.011.2x28350%
볼린저 밴드 돌파
n=44, k=1.6
-0.8%-64.8%0.05-0.010.8x19540%
Keltner 채널 돌파
emaPeriod=44, atrPeriod=19, mult=4
-0.9%-60.4%0.01-0.010.8x9623%
Buy and hold9.7%-69.6%0.460.1416.2x1100%
1x 10x 1997 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% -35% -52% -70% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -63.8% (2005-06-29 → 2008-08-18), recovered after 2,073 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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