Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Nissin Foods Holdings Co., Ltd. backtest

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

Data 2001-01-01 ~ 2026-07-31daily bars 6,373 (25.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 4.5%, drawdown -50.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 2.4%, MDD -50.6%, Sharpe 0.22, 75% 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=83, exitN=189
2.4%-50.6%0.220.051.9x2075%
ADX / DI 방향성
period=29, threshold=38
0.4%-9.8%0.180.041.1x21%
SMA 크로스오버
fast=54, slow=143
0.5%-55.1%0.120.011.1x4857%
EMA 크로스오버
fast=36, slow=117
-0.7%-71.3%0.04-0.010.8x5857%
볼린저 밴드 돌파
n=26, k=2.5
-0.5%-45.6%0.00-0.010.9x11320%
ROC 모멘텀
n=48, threshold=-0.04
-3.9%-82.2%-0.11-0.050.4x29175%
Supertrend
period=8, mult=2.8
-3.6%-70.5%-0.13-0.050.4x22354%
Keltner 채널 돌파
emaPeriod=29, atrPeriod=8, mult=4
-1.2%-41.8%-0.18-0.030.7x388%
MACD
fast=10, slow=26, signal=14
-4.2%-72.7%-0.18-0.060.3x43550%
Parabolic SAR
step=0.015, maxStep=0.26
-5.8%-80.7%-0.27-0.070.2x42752%
Buy and hold4.5%-50.3%0.310.093.1x1100%
1x 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% -13% -25% -38% -51% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -50.6% (2007-04-20 → 2011-08-09), recovered after 2,650 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

Read next