Trend-Following Backtester · Guide · backtest 한국어

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Marubeni Corporation backtest

10 trend-following strategies were compared on the full daily history of Marubeni Corporation. 6 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 13.2%, MDD -34.4%).

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

6 of 10 beat buy and hold (CAGR 9.8%, drawdown -86.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 13.2%, MDD -34.4%, Sharpe 0.74, 37% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 14.6%, MDD -55.2%, exposure 58%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 3.4%p higher than buy and hold, while drawdown improves by 52.5%p (CAGR 13.2%, MDD -34.4%, exposure 37%).

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=95, exitN=27
13.2%-34.4%0.740.3826.9x5237%
SMA 크로스오버
fast=52, slow=126
14.6%-55.2%0.660.2637.0x5258%
볼린저 밴드 돌파
n=55, k=2.3
10.3%-40.8%0.620.2513.6x7234%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=9, mult=2.7
10.5%-42.2%0.600.2514.1x10439%
EMA 크로스오버
fast=41, slow=77
11.6%-47.2%0.560.2518.5x6059%
ROC 모멘텀
n=88, threshold=0.09
10.4%-56.8%0.560.1813.9x21842%
Supertrend
period=11, mult=4.3
7.8%-61.7%0.440.137.4x12954%
MACD
fast=23, slow=64, signal=16
5.9%-62.7%0.360.094.6x24553%
ADX / DI 방향성
period=26, threshold=22
3.1%-33.8%0.290.092.2x8618%
Parabolic SAR
step=0.005, maxStep=0.34
1.9%-70.7%0.200.031.6x22553%
Buy and hold9.8%-86.9%0.440.1112.1x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -43% -65% -87% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -34.4% (2007-07-17 → 2009-04-28), recovered after 1,276 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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