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Trend-Following Backtester · Guide · backtest 한국어

equity · KR

SFA반도체 backtest

10 trend-following strategies were compared on the full daily history of SFA반도체. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 6.5%, MDD -68.5%).

Data 2001-05-03 ~ 2026-07-31daily bars 6,297 (25.2 years)Costs 0.5%Venue XKOSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -4.2%, drawdown -90.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.8%, MDD -78.6%, Sharpe 0.41, 71% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 13.0%p higher than buy and hold, while drawdown improves by 12.3%p (CAGR 6.5%, MDD -68.5%, exposure 27%).

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=22, exitN=78
8.8%-78.6%0.410.118.3x5471%
Keltner 채널 돌파
emaPeriod=33, atrPeriod=16, mult=1.2
8.7%-78.1%0.410.118.3x20833%
SMA 크로스오버
fast=37, slow=144
6.4%-85.7%0.360.074.8x5446%
볼린저 밴드 돌파
n=43, k=2.1
6.5%-68.5%0.350.104.9x10827%
ROC 모멘텀
n=75, threshold=0.07
5.5%-82.6%0.330.073.9x23837%
Supertrend
period=17, mult=2.9
5.2%-76.9%0.320.073.6x16442%
MACD
fast=18, slow=59, signal=14
3.5%-88.3%0.290.042.4x27452%
EMA 크로스오버
fast=24, slow=49
2.9%-89.0%0.270.032.1x10444%
ADX / DI 방향성
period=11, threshold=28
2.6%-70.9%0.230.041.9x21622%
Parabolic SAR
step=0.015, maxStep=0.42
1.0%-87.6%0.220.011.3x42447%
Buy and hold-4.2%-90.8%0.21-0.050.3x1100%
0.1 1x 10x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -45% -68% -91% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -78.6% (2011-03-07 → 2019-01-14), recovered after 3,613 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 setupMore KR assetsAll asset reports

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