Trend-Following Backtester · Guide · backtest 한국어

equity · JP

TOPPAN Holdings Inc. backtest

10 trend-following strategies were compared on the full daily history of TOPPAN Holdings Inc.. 1 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 3.5%, MDD -36.0%).

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

1 of 10 beat buy and hold (CAGR 3.1%, drawdown -75.0%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 3.5%, MDD -36.0%, Sharpe 0.33, 20% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 0.5%p higher than buy and hold, while drawdown improves by 38.9%p (CAGR 3.5%, MDD -36.0%, exposure 20%).

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=46, atrPeriod=29, mult=3.7
3.5%-36.0%0.330.102.5x5420%
ADX / DI 방향성
period=19, threshold=28
2.1%-17.3%0.300.121.7x449%
볼린저 밴드 돌파
n=48, k=2.3
1.2%-43.1%0.160.031.4x9826%
Donchian 채널 돌파
entryN=95, exitN=56
1.1%-54.3%0.150.021.3x4839%
SMA 크로스오버
fast=46, slow=71
0.9%-56.6%0.150.021.3x11250%
EMA 크로스오버
fast=64, slow=273
0.2%-54.4%0.120.001.0x2950%
Supertrend
period=16, mult=4.5
-1.9%-64.8%0.02-0.030.6x11650%
ROC 모멘텀
n=138, threshold=0.14
-1.2%-53.0%0.01-0.020.7x14628%
Parabolic SAR
step=0.01, maxStep=0.08
-4.8%-86.0%-0.12-0.060.3x34452%
MACD
fast=12, slow=32, signal=16
-6.0%-88.3%-0.18-0.070.2x38651%
Buy and hold3.1%-75.0%0.250.042.2x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -75% 2001 2005 2009 2013 2017 2021 2025 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -36.0% (2023-09-19 → 2025-11-19), 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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