Trend-Following Backtester · Guide · backtest 한국어

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한화투자증권 backtest

10 trend-following strategies were compared on the full daily history of 한화투자증권. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 5.8%, MDD -45.4%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,644 (26.6 years)Costs 0.5%Venue XKRXMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -2.0%, drawdown -94.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 13.4%, MDD -50.3%, Sharpe 0.61, 13% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 15.5%p higher than buy and hold, while drawdown improves by 44.6%p (CAGR 5.8%, MDD -45.4%, exposure 13%).

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=50, exitN=5
13.4%-50.3%0.610.2728.4x10213%
Supertrend
period=8, mult=2.9
9.4%-68.9%0.420.1411.0x18848%
MACD
fast=19, slow=51, signal=17
8.2%-79.7%0.390.108.1x27250%
Parabolic SAR
step=0.005, maxStep=0.22
7.1%-71.8%0.370.106.2x19445%
Keltner 채널 돌파
emaPeriod=38, atrPeriod=24, mult=2
6.5%-60.8%0.350.115.3x14026%
볼린저 밴드 돌파
n=29, k=2.4
6.3%-57.6%0.350.115.1x13023%
ADX / DI 방향성
period=28, threshold=24
5.8%-45.4%0.350.134.4x4413%
ROC 모멘텀
n=101, threshold=-0.04
5.8%-74.8%0.340.084.5x20451%
SMA 크로스오버
fast=49, slow=160
3.4%-70.7%0.270.052.4x4445%
EMA 크로스오버
fast=37, slow=144
3.2%-71.6%0.270.052.3x5841%
Buy and hold-2.0%-94.9%0.23-0.020.6x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -50.3% (2007-06-19 → 2014-07-24), recovered after 3,647 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 setupAll asset reports

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