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Taisei Corporation backtest

10 trend-following strategies were compared on the full daily history of Taisei Corporation. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 8.0%, MDD -61.3%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,632 (26.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.3%, drawdown -76.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 6.5%, MDD -47.4%, Sharpe 0.46, 21% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 8.7%, MDD -66.7%, exposure 60%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 3.9%p lower than buy and hold, while drawdown improves by 29.3%p (CAGR 8.0%, MDD -61.3%, exposure 59%).

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=76, k=3
6.5%-47.4%0.460.145.3x3221%
EMA 크로스오버
fast=47, slow=186
8.7%-66.7%0.450.139.1x3660%
SMA 크로스오버
fast=39, slow=100
8.0%-61.3%0.430.137.8x7659%
ADX / DI 방향성
period=33, threshold=29
1.7%-22.3%0.280.081.6x144%
ROC 모멘텀
n=122, threshold=-0.03
3.9%-71.7%0.280.052.8x24666%
Donchian 채널 돌파
entryN=93, exitN=37
3.7%-65.8%0.270.062.6x6044%
Supertrend
period=30, mult=4.4
-0.2%-84.7%0.12-0.001.0x12257%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=9, mult=2.5
-1.3%-74.5%0.03-0.020.7x13032%
Parabolic SAR
step=0.03, maxStep=0.26
-3.7%-85.7%-0.03-0.040.4x69853%
MACD
fast=7, slow=23, signal=7
-5.4%-90.8%-0.09-0.060.2x71650%
Buy and hold10.3%-76.7%0.460.1313.7x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 EMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -19% -38% -58% -77% 2001 2005 2009 2013 2017 2021 2025 Buy and holdEMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -47.4% (2006-01-30 → 2011-09-26), recovered after 3,486 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 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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