Trend-Following Backtester · Guide · backtest 한국어

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에스티팜 backtest

10 trend-following strategies were compared on the full daily history of 에스티팜. 6 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 14.2%, MDD -57.4%).

Data 2016-06-23 ~ 2026-07-31daily bars 2,474 (10.1 years)Costs 0.5%Venue XKOSMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 6.0%, drawdown -77.9%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 14.2%, MDD -57.4%, Sharpe 0.54, 33% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 8.2%p higher than buy and hold, while drawdown improves by 20.5%p (CAGR 14.2%, MDD -57.4%, exposure 33%).

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=20, threshold=18
14.2%-57.4%0.540.253.8x6633%
ROC 모멘텀
n=110, threshold=0.14
12.0%-63.0%0.490.193.1x6635%
EMA 크로스오버
fast=6, slow=174
11.6%-66.6%0.470.173.0x3044%
SMA 크로스오버
fast=18, slow=122
10.8%-61.6%0.450.182.8x2247%
Donchian 채널 돌파
entryN=17, exitN=48
9.4%-71.9%0.430.132.5x3869%
볼린저 밴드 돌파
n=72, k=1.4
6.7%-63.5%0.360.111.9x4038%
Supertrend
period=22, mult=3.6
5.4%-57.7%0.330.091.7x4645%
Parabolic SAR
step=0.005, maxStep=0.04
4.5%-56.0%0.310.081.6x6848%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=17, mult=1.1
3.7%-66.7%0.290.061.4x7239%
MACD
fast=24, slow=31, signal=49
3.2%-53.1%0.270.061.4x7049%
Buy and hold6.0%-77.9%0.380.081.8x1100%
1x 2017 2019 2021 2023 2025 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -39% -58% -78% 2017 2019 2021 2023 2025 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -57.4% (2020-12-08 → 2024-01-08), prior peak not yet recovered.

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.
Re-run the same setupAll asset reports

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