Trend-Following Backtester · Guide · backtest 한국어

equity · JP

TBS HOLDINGS INC. backtest

10 trend-following strategies were compared on the full daily history of TBS HOLDINGS INC.. 7 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.8%, MDD -19.5%).

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

7 of 10 beat buy and hold (CAGR 2.3%, drawdown -86.5%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 7.1%, MDD -33.0%, Sharpe 0.52, 16% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.9%p higher than buy and hold, while drawdown improves by 53.5%p (CAGR 4.8%, MDD -19.5%, exposure 6%).

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=29, atrPeriod=27, mult=3.5
7.1%-33.0%0.520.225.8x5616%
ADX / DI 방향성
period=16, threshold=39
4.8%-19.5%0.520.253.3x346%
볼린저 밴드 돌파
n=35, k=3.3
4.5%-35.3%0.390.133.1x4012%
Donchian 채널 돌파
entryN=80, exitN=28
5.8%-43.3%0.380.134.2x5931%
SMA 크로스오버
fast=21, slow=96
4.9%-61.2%0.320.083.4x7347%
EMA 크로스오버
fast=9, slow=239
4.5%-53.9%0.310.083.1x5349%
Supertrend
period=28, mult=5
3.5%-58.8%0.260.062.4x8344%
ROC 모멘텀
n=108, threshold=0.03
2.1%-69.4%0.210.031.7x23744%
MACD
fast=27, slow=45, signal=34
0.7%-66.4%0.150.011.2x18854%
Parabolic SAR
step=0.015, maxStep=0.12
-1.5%-73.5%0.05-0.020.7x42050%
Buy and hold2.3%-86.5%0.240.031.8x1100%
1x 2002 2006 2010 2014 2018 2022 2026 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -86% 2002 2006 2010 2014 2018 2022 2026 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -33.0% (2018-01-08 → 2023-02-20), recovered after 1,988 days.

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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