Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Hokuhoku Financial Group, Inc. backtest

10 trend-following strategies were compared on the full daily history of Hokuhoku Financial Group, Inc.. 3 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 7.8%, MDD -31.2%).

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

3 of 10 beat buy and hold (CAGR 7.2%, drawdown -87.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 7.8%, MDD -31.2%, Sharpe 0.60, 14% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 8.5%, MDD -65.6%, exposure 46%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 0.7%p higher than buy and hold, while drawdown improves by 56.5%p (CAGR 7.8%, MDD -31.2%, exposure 14%).

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
볼린저 밴드 돌파
n=40, k=3.3
7.8%-31.2%0.600.256.9x3314%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=9, mult=3.7
6.8%-32.3%0.480.215.4x5521%
SMA 크로스오버
fast=21, slow=186
8.5%-65.6%0.450.138.0x4746%
EMA 크로스오버
fast=22, slow=147
8.4%-66.5%0.450.137.8x5746%
ROC 모멘텀
n=80, threshold=0.17
6.0%-50.8%0.410.124.4x14022%
Donchian 채널 돌파
entryN=75, exitN=15
5.6%-54.7%0.390.104.0x8727%
ADX / DI 방향성
period=27, threshold=21
4.5%-38.0%0.360.123.1x8216%
Supertrend
period=8, mult=5
4.7%-69.1%0.310.073.3x8751%
Parabolic SAR
step=0.005, maxStep=0.18
-0.2%-88.2%0.11-0.000.9x19950%
MACD
fast=16, slow=44, signal=16
-3.2%-92.7%-0.00-0.030.4x32554%
Buy and hold7.2%-87.7%0.370.085.9x1100%
1x 2002 2006 2010 2014 2018 2022 2026 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -44% -66% -88% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -31.2% (2004-04-29 → 2005-10-06), recovered after 601 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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