Trend-Following Backtester · Guide · backtest 한국어

equity · KR

효성 backtest

10 trend-following strategies were compared on the full daily history of 효성. 1 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 10.8%, MDD -52.8%).

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

1 of 10 beat buy and hold (CAGR 10.9%, drawdown -73.9%).

Sharpe leader (same as main): MACD — CAGR 12.2%, MDD -78.2%, Sharpe 0.52, 52% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 1.3%p higher than buy and hold, while drawdown improves by -4.3%p (CAGR 10.8%, MDD -52.8%, exposure 53%).

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
MACD
fast=9, slow=68, signal=18
12.2%-78.2%0.520.1621.1x30252%
SMA 크로스오버
fast=7, slow=121
10.8%-52.8%0.470.2015.3x10853%
EMA 크로스오버
fast=22, slow=51
10.7%-64.3%0.470.1715.0x11252%
볼린저 밴드 돌파
n=21, k=0.8
8.9%-76.7%0.430.129.6x39845%
Supertrend
period=30, mult=5
8.8%-59.2%0.430.159.5x8050%
Donchian 채널 돌파
entryN=44, exitN=30
8.3%-51.8%0.420.168.4x9043%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=21, mult=1.6
7.5%-68.3%0.390.116.8x15039%
Parabolic SAR
step=0.01, maxStep=0.32
7.6%-71.2%0.390.117.0x33450%
ROC 모멘텀
n=29, threshold=0.04
7.1%-74.0%0.380.106.2x44842%
ADX / DI 방향성
period=42, threshold=27
3.8%-31.5%0.340.122.7x106%
Buy and hold10.9%-73.9%0.460.1515.6x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -39% -59% -78% 2001 2005 2009 2013 2017 2021 2025 Buy and holdMACD
MACD maximum drawdown -78.2% (2019-08-21 → 2025-04-16), prior peak not yet recovered.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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