Trend-Following Backtester · Guide · backtest 한국어

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Hitachi Construction Machinery Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Hitachi Construction Machinery Co., Ltd.. 0 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 9.8%, MDD -55.7%).

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 10.6%, drawdown -83.5%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 8.9%, MDD -53.8%, Sharpe 0.49, 41% exposure.

CAGR reference leader: Supertrend — CAGR 9.8%, MDD -55.7%, exposure 53%.

Return/drawdown alternative: Supertrend — CAGR is 1.7%p lower than buy and hold, while drawdown improves by 29.7%p (CAGR 9.8%, MDD -55.7%, exposure 53%).

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
Keltner 채널 돌파
emaPeriod=68, atrPeriod=22, mult=2.3
8.9%-53.8%0.490.178.9x11241%
Supertrend
period=6, mult=4.9
9.8%-55.7%0.490.1811.0x10453%
SMA 크로스오버
fast=44, slow=154
8.8%-59.8%0.440.158.7x4854%
ADX / DI 방향성
period=28, threshold=6
7.1%-59.5%0.390.125.8x37152%
Donchian 채널 돌파
entryN=18, exitN=48
7.7%-65.8%0.390.126.6x9575%
볼린저 밴드 돌파
n=23, k=1.3
6.3%-49.9%0.380.134.7x29142%
EMA 크로스오버
fast=36, slow=185
6.7%-72.1%0.370.095.2x4555%
ROC 모멘텀
n=67, threshold=-0.03
5.5%-69.6%0.330.083.9x29362%
MACD
fast=16, slow=54, signal=16
5.1%-65.3%0.320.083.6x29553%
Parabolic SAR
step=0.03, maxStep=0.44
-2.6%-85.0%0.05-0.030.5x67553%
Buy and hold10.6%-83.5%0.450.1313.1x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 SupertrendKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -21% -42% -63% -84% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSupertrendKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -53.8% (2018-01-31 → 2023-05-17), prior peak not yet recovered.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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