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Trend-Following Backtester · Guide · backtest 한국어

etf · CN

Non-bank ETF backtest

10 trend-following strategies were compared on the full daily history of Non-bank ETF. 8 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 3.8%, MDD -13.7%).

Data 2017-02-17 ~ 2026-07-31daily bars 2,266 (9.4 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -7.7%, drawdown -81.3%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 3.8%, MDD -13.7%, Sharpe 0.40, 4% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 3.8%, MDD -24.5%, exposure 42%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 11.5%p higher than buy and hold, while drawdown improves by 67.6%p (CAGR 3.8%, MDD -13.7%, exposure 4%).

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=13, mult=3.3
3.8%-13.7%0.400.281.4x104%
볼린저 밴드 돌파
n=46, k=3.2
3.7%-16.2%0.350.231.4x1412%
Donchian 채널 돌파
entryN=73, exitN=66
3.8%-24.5%0.300.161.4x1242%
ROC 모멘텀
n=53, threshold=0.13
3.1%-17.2%0.300.181.3x2811%
SMA 크로스오버
fast=53, slow=63
2.7%-43.3%0.240.061.3x5846%
EMA 크로스오버
fast=44, slow=120
1.4%-32.5%0.170.041.1x1647%
ADX / DI 방향성
period=11, threshold=37
0.2%-37.4%0.080.001.0x3212%
MACD
fast=16, slow=42, signal=17
-7.4%-79.4%-0.04-0.090.5x8351%
Parabolic SAR
step=0.02, maxStep=0.06
-8.7%-80.3%-0.10-0.110.4x11748%
Supertrend
period=24, mult=2.5
-10.4%-78.2%-0.16-0.130.4x7745%
Buy and hold-7.7%-81.3%-0.01-0.090.5x1100%
1x 2018 2020 2022 2024 2026 Donchian 채널 돌파Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -20% -41% -61% -81% 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -13.7% (2020-07-08 → 2023-08-15), recovered after 1,542 days.

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.
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