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Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Toyo Engineering Corporation backtest

10 trend-following strategies were compared on the full daily history of Toyo Engineering Corporation. 2 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 5.7%, MDD -46.2%).

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

2 of 10 beat buy and hold (CAGR 5.8%, drawdown -93.5%).

Sharpe leader (same as main): Supertrend — CAGR 8.1%, MDD -81.4%, Sharpe 0.40, 51% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 2.3%p higher than buy and hold, while drawdown improves by 12.1%p (CAGR 5.7%, MDD -46.2%, exposure 8%).

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
Supertrend
period=19, mult=4.7
8.1%-81.4%0.400.107.3x10651%
볼린저 밴드 돌파
n=15, k=2.8
5.7%-46.2%0.390.124.1x668%
Donchian 채널 돌파
entryN=92, exitN=48
7.5%-68.7%0.380.116.3x4436%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=21, mult=3.7
5.7%-52.2%0.370.114.1x427%
ADX / DI 방향성
period=25, threshold=25
4.9%-59.9%0.320.083.4x6813%
SMA 크로스오버
fast=20, slow=193
5.1%-82.7%0.320.063.5x4646%
EMA 크로스오버
fast=6, slow=104
2.6%-87.4%0.250.031.9x14246%
ROC 모멘텀
n=73, threshold=0.12
2.0%-74.8%0.220.031.7x21831%
Parabolic SAR
step=0.015, maxStep=0.14
0.5%-92.9%0.190.011.1x40550%
MACD
fast=15, slow=40, signal=15
0.3%-94.8%0.180.001.1x32152%
Buy and hold5.8%-93.5%0.370.064.2x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -47% -70% -94% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSupertrend
Supertrend maximum drawdown -81.4% (2006-02-02 → 2019-07-18), recovered after 7,207 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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 setupMore JP assetsAll asset reports

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