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Trend-Following Backtester · Guide · backtest 한국어

equity · KR

동국제약 backtest

10 trend-following strategies were compared on the full daily history of 동국제약. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 7.3%, MDD -49.2%).

Data 2007-05-29 ~ 2026-07-31daily bars 4,732 (19.2 years)Costs 0.5%Venue XKOSMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 6.8%, drawdown -75.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.1%, MDD -63.6%, Sharpe 0.47, 71% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 3.3%p higher than buy and hold, while drawdown improves by 12.4%p (CAGR 7.3%, MDD -49.2%, exposure 57%).

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=16, exitN=43
10.1%-63.6%0.470.166.3x5971%
SMA 크로스오버
fast=50, slow=111
7.3%-56.3%0.390.133.9x4652%
EMA 크로스오버
fast=21, slow=204
7.3%-49.2%0.390.153.9x4057%
ROC 모멘텀
n=150, threshold=-0.08
5.1%-47.1%0.320.112.6x15170%
Supertrend
period=29, mult=4
3.4%-43.0%0.260.081.9x6052%
ADX / DI 방향성
period=23, threshold=42
1.2%-13.3%0.240.091.3x21%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=19, mult=2.9
0.9%-45.7%0.140.021.2x5219%
볼린저 밴드 돌파
n=49, k=1.3
0.3%-53.6%0.130.011.1x12237%
Parabolic SAR
step=0.005, maxStep=0.26
-1.4%-75.1%0.08-0.020.8x14850%
MACD
fast=10, slow=28, signal=12
-3.9%-70.0%-0.02-0.060.5x32650%
Buy and hold6.8%-75.9%0.360.093.5x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -76% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -63.6% (2020-08-05 → 2026-07-29), prior peak not yet recovered.

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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