Trend-Following Backtester · Guide · backtest 한국어

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Kinden Corporation backtest

10 trend-following strategies were compared on the full daily history of Kinden Corporation. 2 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 9.7%, MDD -42.9%).

Data 2001-01-04 ~ 2026-07-31daily bars 6,370 (25.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 9.7%, drawdown -63.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.8%, MDD -48.2%, Sharpe 0.55, 50% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 0.2%p higher than buy and hold, while drawdown improves by 15.2%p (CAGR 9.7%, MDD -42.9%, exposure 54%).

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=75, exitN=69
9.8%-48.2%0.550.2011.0x3850%
EMA 크로스오버
fast=42, slow=206
9.8%-47.2%0.540.2110.9x3355%
SMA 크로스오버
fast=42, slow=117
9.7%-42.9%0.530.2310.6x5254%
Keltner 채널 돌파
emaPeriod=75, atrPeriod=14, mult=4
7.0%-39.2%0.490.185.7x5431%
ADX / DI 방향성
period=46, threshold=15
6.5%-32.2%0.490.205.0x5426%
볼린저 밴드 돌파
n=56, k=3
4.6%-41.9%0.390.113.2x5425%
ROC 모멘텀
n=124, threshold=0.13
3.2%-63.7%0.270.052.3x15032%
Supertrend
period=27, mult=3.8
-1.1%-74.8%0.05-0.020.7x15655%
Parabolic SAR
step=0.005, maxStep=0.36
-4.6%-87.7%-0.11-0.050.3x21053%
MACD
fast=13, slow=25, signal=13
-9.7%-96.3%-0.37-0.100.1x44449%
Buy and hold9.7%-63.3%0.460.1510.6x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -48% -63% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -48.2% (2007-04-06 → 2012-12-12), recovered after 2,302 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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