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iFreeETF Nikkei225 (Yearly Dividend Type) backtest

10 trend-following strategies were compared on the full daily history of iFreeETF Nikkei225 (Yearly Dividend Type). 0 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2009-01-05 ~ 2026-07-31daily bars 4,315 (17.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 11.9%, drawdown -31.3%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 6.2%, MDD -20.8%, Sharpe 0.62, 32% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 7.6%, MDD -37.4%, exposure 63%.

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
Keltner 채널 돌파
emaPeriod=39, atrPeriod=28, mult=2.9
6.2%-20.8%0.620.302.9x7032%
Supertrend
period=23, mult=4.6
7.4%-31.7%0.570.233.5x8061%
SMA 크로스오버
fast=74, slow=271
7.6%-37.4%0.520.203.6x1963%
볼린저 밴드 돌파
n=47, k=2.6
3.7%-22.8%0.510.161.9x2614%
EMA 크로스오버
fast=28, slow=218
6.8%-31.3%0.480.223.2x2767%
Donchian 채널 돌파
entryN=40, exitN=64
5.9%-37.4%0.440.162.8x4372%
MACD
fast=29, slow=49, signal=26
4.7%-34.6%0.420.142.2x13652%
ROC 모멘텀
n=110, threshold=-0.08
4.7%-46.2%0.350.102.2x11386%
ADX / DI 방향성
period=15, threshold=33
1.6%-11.6%0.310.131.3x328%
Parabolic SAR
step=0.02, maxStep=0.16
0.3%-42.2%0.090.011.0x34058%
Buy and hold11.9%-31.3%0.640.387.2x1100%
1x 2010 2013 2016 2019 2022 2025 SMA 크로스오버Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -9% -19% -28% -37% 2010 2013 2016 2019 2022 2025 Buy and holdSMA 크로스오버Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -20.8% (2013-05-22 → 2016-11-17), recovered after 2,778 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.
Re-run the same setupAll asset reports

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