Trend-Following Backtester · Guide · backtest 한국어

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Kyocera Corporation backtest

10 trend-following strategies were compared on the full daily history of Kyocera Corporation. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 0.9%, MDD -41.8%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,632 (26.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 0.5%, drawdown -82.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 3.0%, MDD -49.6%, Sharpe 0.25, 50% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 2.5%p higher than buy and hold, while drawdown improves by 32.8%p (CAGR 0.9%, MDD -41.8%, exposure 19%).

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=67, exitN=65
3.0%-49.6%0.250.062.2x4550%
SMA 크로스오버
fast=55, slow=248
1.8%-57.7%0.190.031.6x3552%
볼린저 밴드 돌파
n=75, k=2.6
0.9%-41.8%0.130.021.3x4119%
EMA 크로스오버
fast=44, slow=181
-0.4%-54.7%0.08-0.010.9x4550%
MACD
fast=19, slow=53, signal=18
-3.7%-81.3%-0.05-0.050.4x27053%
Keltner 채널 돌파
emaPeriod=48, atrPeriod=26, mult=3.6
-1.9%-61.3%-0.07-0.030.6x7521%
ROC 모멘텀
n=74, threshold=-0.01
-3.9%-84.6%-0.09-0.050.3x32356%
Supertrend
period=24, mult=4
-4.2%-82.7%-0.10-0.050.3x13953%
ADX / DI 방향성
period=11, threshold=37
-0.9%-36.4%-0.10-0.030.8x646%
Parabolic SAR
step=0.005, maxStep=0.32
-5.2%-84.2%-0.13-0.060.2x21653%
Buy and hold0.5%-82.4%0.180.011.1x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -49.6% (2007-07-17 → 2012-10-31), recovered after 3,760 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

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