Trend-Following Backtester · Guide · backtest 한국어

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Tokuyama Corporation backtest

10 trend-following strategies were compared on the full daily history of Tokuyama Corporation. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.6%, MDD -35.0%).

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

8 of 10 beat buy and hold (CAGR 2.0%, drawdown -94.2%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 6.5%, MDD -46.6%, Sharpe 0.40, 25% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.4%p higher than buy and hold, while drawdown improves by 47.6%p (CAGR 4.6%, MDD -35.0%, exposure 15%).

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=60, k=2.5
6.5%-46.6%0.400.145.0x5625%
EMA 크로스오버
fast=47, slow=163
6.4%-57.3%0.370.114.9x3148%
SMA 크로스오버
fast=24, slow=199
6.4%-62.1%0.370.104.9x3749%
Keltner 채널 돌파
emaPeriod=63, atrPeriod=22, mult=3.7
5.5%-51.9%0.360.114.0x6229%
ADX / DI 방향성
period=37, threshold=20
4.6%-35.0%0.350.133.1x5015%
Supertrend
period=10, mult=3.9
5.5%-68.2%0.330.083.9x14051%
ROC 모멘텀
n=138, threshold=0.16
4.2%-48.9%0.300.092.9x14429%
Donchian 채널 돌파
entryN=15, exitN=37
3.8%-87.7%0.280.042.6x12467%
Parabolic SAR
step=0.005, maxStep=0.38
0.1%-84.2%0.140.001.0x20252%
MACD
fast=13, slow=49, signal=19
-1.1%-82.1%0.10-0.010.8x31851%
Buy and hold2.0%-94.2%0.260.021.7x1100%
1x 2002 2006 2010 2014 2018 2022 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -94% 2002 2006 2010 2014 2018 2022 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -46.6% (2001-05-23 → 2004-11-01), recovered after 1,624 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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