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Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Awa Bank, Ltd. backtest

10 trend-following strategies were compared on the full daily history of Awa Bank, Ltd.. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

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

0 of 10 beat buy and hold (CAGR 4.8%, drawdown -60.3%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.6%, MDD -11.8%, Sharpe 0.46, 3% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 3.5%, MDD -57.1%, exposure 50%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
ADX / DI 방향성
period=43, threshold=22
2.6%-11.8%0.460.221.9x33%
SMA 크로스오버
fast=48, slow=171
3.5%-57.1%0.270.062.4x5350%
Donchian 채널 돌파
entryN=108, exitN=55
0.9%-54.1%0.140.021.3x3938%
EMA 크로스오버
fast=55, slow=192
-0.2%-79.7%0.09-0.000.9x4948%
볼린저 밴드 돌파
n=43, k=3.5
-0.1%-12.8%0.00-0.011.0x103%
Keltner 채널 돌파
emaPeriod=14, atrPeriod=23, mult=3.7
-0.2%-20.3%-0.02-0.010.9x142%
Supertrend
period=8, mult=4.9
-3.4%-86.5%-0.09-0.040.4x9548%
ROC 모멘텀
n=136, threshold=0.14
-2.4%-79.9%-0.14-0.030.5x19117%
Parabolic SAR
step=0.005, maxStep=0.12
-7.4%-95.6%-0.32-0.080.1x20952%
MACD
fast=18, slow=29, signal=15
-11.0%-97.6%-0.55-0.110.1x37951%
Buy and hold4.8%-60.3%0.310.083.3x1100%
1x 2002 2006 2010 2014 2018 2022 2026 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -15% -30% -45% -60% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -11.8% (2026-02-12 → 2026-03-04), recovered after 48 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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