Trend-Following Backtester · Guide · backtest 한국어

equity · KR

에스엘 backtest

10 trend-following strategies were compared on the full daily history of 에스엘. 4 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 13.9%, MDD -63.9%).

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

4 of 10 beat buy and hold (CAGR 13.6%, drawdown -82.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 15.1%, MDD -71.2%, Sharpe 0.57, 50% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 1.5%p higher than buy and hold, while drawdown improves by 10.8%p (CAGR 13.9%, MDD -63.9%, exposure 45%).

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=64, exitN=49
15.1%-71.2%0.570.2142.0x4850%
EMA 크로스오버
fast=17, slow=69
14.9%-67.3%0.560.2239.8x9053%
SMA 크로스오버
fast=28, slow=117
14.8%-71.4%0.560.2139.0x6054%
ADX / DI 방향성
period=46, threshold=12
13.9%-63.9%0.550.2231.9x13445%
Supertrend
period=8, mult=4.7
13.4%-74.0%0.520.1828.1x6459%
ROC 모멘텀
n=90, threshold=0.19
11.8%-56.8%0.520.2119.2x16430%
Keltner 채널 돌파
emaPeriod=72, atrPeriod=16, mult=1.7
11.9%-69.1%0.510.1719.8x12040%
Parabolic SAR
step=0.005, maxStep=0.12
11.2%-59.6%0.480.1916.9x19050%
볼린저 밴드 돌파
n=73, k=2.2
9.2%-64.7%0.440.1410.5x7031%
MACD
fast=18, slow=33, signal=19
6.9%-56.9%0.360.125.8x30252%
Buy and hold13.6%-82.0%0.510.1729.8x1100%
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% -21% -41% -62% -82% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -71.2% (2011-04-25 → 2019-03-08), recovered after 5,385 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

Read next