Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Union Tool Co. backtest

10 trend-following strategies were compared on the full daily history of Union Tool Co.. 9 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 5.9%, MDD -43.1%).

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

9 of 10 beat buy and hold (CAGR 3.2%, drawdown -86.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 7.4%, MDD -57.0%, Sharpe 0.43, 34% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.2%p higher than buy and hold, while drawdown improves by 29.3%p (CAGR 5.9%, MDD -43.1%, exposure 12%).

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=74, k=1.6
7.4%-57.0%0.430.136.3x8234%
ADX / DI 방향성
period=39, threshold=21
5.9%-43.1%0.430.144.3x3412%
SMA 크로스오버
fast=19, slow=124
7.4%-58.7%0.400.136.2x7547%
Donchian 채널 돌파
entryN=97, exitN=69
6.8%-54.0%0.380.135.4x3842%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=27, mult=3.6
5.9%-46.6%0.380.134.4x6625%
EMA 크로스오버
fast=20, slow=141
5.8%-60.3%0.340.104.2x5947%
ROC 모멘텀
n=142, threshold=0.14
5.5%-53.3%0.340.103.9x14531%
Supertrend
period=29, mult=5
4.2%-79.1%0.290.052.9x9252%
Parabolic SAR
step=0.005, maxStep=0.12
3.7%-75.3%0.270.052.5x19253%
MACD
fast=13, slow=43, signal=17
-0.3%-85.7%0.13-0.000.9x33053%
Buy and hold3.2%-86.3%0.280.042.2x1100%
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% -22% -43% -65% -86% 2002 2006 2010 2014 2018 2022 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -57.0% (2006-02-07 → 2012-10-10), recovered after 3,340 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

Read next