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Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Hokkaido Electric Power Company,Incorporated backtest

10 trend-following strategies were compared on the full daily history of Hokkaido Electric Power Company,Incorporated. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.4%, MDD -23.4%).

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

9 of 10 beat buy and hold (CAGR -1.4%, drawdown -89.5%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 4.1%, MDD -33.5%, Sharpe 0.39, 11% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 5.4%p higher than buy and hold, while drawdown improves by 56.0%p (CAGR 2.4%, MDD -23.4%, exposure 2%).

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=41, k=3.1
4.1%-33.5%0.390.122.8x3811%
ADX / DI 방향성
period=17, threshold=46
2.4%-23.4%0.370.101.8x122%
Keltner 채널 돌파
emaPeriod=36, atrPeriod=9, mult=3.5
3.6%-46.5%0.330.082.5x5414%
Donchian 채널 돌파
entryN=60, exitN=11
2.6%-47.8%0.250.051.9x10022%
ROC 모멘텀
n=125, threshold=0.2
2.5%-46.3%0.230.051.9x5813%
SMA 크로스오버
fast=53, slow=114
0.9%-67.7%0.150.011.3x5449%
EMA 크로스오버
fast=37, slow=77
0.9%-73.1%0.150.011.3x6050%
MACD
fast=15, slow=68, signal=16
-1.0%-72.0%0.06-0.010.8x27352%
Supertrend
period=14, mult=2.7
-1.2%-71.2%0.05-0.020.7x21750%
Parabolic SAR
step=0.005, maxStep=0.22
-1.7%-68.1%0.02-0.020.7x20351%
Buy and hold-1.4%-89.5%0.11-0.020.7x1100%
1x 2002 2006 2010 2014 2018 2022 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -90% 2002 2006 2010 2014 2018 2022 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -33.5% (2015-08-04 → 2023-08-07), recovered after 3,172 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 setupMore JP assetsAll asset reports

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