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Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Canon Inc. backtest

10 trend-following strategies were compared on the full daily history of Canon Inc.. 3 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 4.0%, MDD -32.9%).

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 1.8%, drawdown -77.9%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 0.6%, MDD -2.8%, Sharpe 0.34, 1% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 4.2%, MDD -37.0%, exposure 55%.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 1.3%p lower than buy and hold, while drawdown improves by 75.1%p (CAGR 4.0%, MDD -32.9%, exposure 55%).

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=9, atrPeriod=21, mult=4
0.6%-2.8%0.340.201.2x21%
SMA 크로스오버
fast=42, slow=80
4.2%-37.0%0.310.113.0x7155%
EMA 크로스오버
fast=36, slow=76
4.0%-32.9%0.300.122.8x5755%
Donchian 채널 돌파
entryN=39, exitN=50
3.9%-44.0%0.290.092.8x6159%
ADX / DI 방향성
period=25, threshold=39
0.2%-5.3%0.120.031.0x20%
볼린저 밴드 돌파
n=10, k=2.9
0.1%-6.5%0.090.021.0x41%
MACD
fast=41, slow=59, signal=54
-0.5%-73.3%0.07-0.010.9x13151%
Supertrend
period=5, mult=5
-1.0%-64.5%0.05-0.020.8x10550%
ROC 모멘텀
n=83, threshold=-0.04
-1.3%-66.7%0.04-0.020.7x23564%
Parabolic SAR
step=0.015, maxStep=0.1
-11.8%-97.2%-0.51-0.120.0x43353%
Buy and hold1.8%-77.9%0.210.021.6x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -19% -39% -58% -78% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -2.8% (2023-06-20 → 2023-07-03), 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.
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