Trend-Following Backtester · Guide · backtest 한국어

equity · QA

Ezdan Holding Group backtest

10 trend-following strategies were compared on the full daily history of Ezdan Holding Group. 10 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.4%, MDD -20.1%).

Data 2010-02-22 ~ 2026-07-30daily bars 4,117 (16.4 years)Costs 0.5%Venue QSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -8.7%, drawdown -90.8%).

Sharpe leader (same as main): Supertrend — CAGR 11.2%, MDD -51.9%, Sharpe 0.55, 42% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 19.9%p higher than buy and hold, while drawdown improves by 38.9%p (CAGR 2.4%, MDD -20.1%, exposure 2%).

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
Supertrend
period=26, mult=2.6
11.2%-51.9%0.550.225.8x13242%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=25, mult=3.5
7.6%-40.0%0.540.193.3x286%
ROC 모멘텀
n=26, threshold=0.09
9.4%-53.3%0.540.184.4x14616%
Donchian 채널 돌파
entryN=113, exitN=11
7.7%-57.2%0.520.143.4x228%
볼린저 밴드 돌파
n=34, k=2.5
8.0%-61.0%0.480.133.6x5017%
ADX / DI 방향성
period=37, threshold=36
2.4%-20.1%0.400.121.5x42%
Parabolic SAR
step=0.045, maxStep=0.38
2.2%-67.9%0.210.031.4x48845%
SMA 크로스오버
fast=34, slow=281
2.2%-72.4%0.210.031.4x1628%
EMA 크로스오버
fast=55, slow=172
1.5%-74.4%0.180.021.3x1429%
MACD
fast=12, slow=71, signal=19
1.0%-77.6%0.170.011.2x17650%
Buy and hold-8.7%-90.8%-0.06-0.100.2x1100%
1x 2011 2013 2015 2017 2019 2021 2023 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -45% -68% -91% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdSupertrend
Supertrend maximum drawdown -51.9% (2014-04-24 → 2017-11-28), recovered after 1,670 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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