Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Ardentec Corporation backtest

10 trend-following strategies were compared on the full daily history of Ardentec Corporation. 2 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 13.1%, MDD -36.5%).

Data 2007-12-31 ~ 2026-07-31daily bars 4,552 (18.6 years)Costs 0.5%Venue TPEXMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 12.4%, drawdown -61.3%).

Sharpe leader (same as main): Supertrend — CAGR 13.1%, MDD -36.5%, Sharpe 0.61, 52% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 14.1%, MDD -55.2%, exposure 85%.

Return/drawdown alternative: Supertrend — CAGR is 0.6%p higher than buy and hold, while drawdown improves by 24.8%p (CAGR 13.1%, MDD -36.5%, exposure 52%).

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=29, mult=3.3
13.1%-36.5%0.610.369.8x10452%
Donchian 채널 돌파
entryN=12, exitN=74
14.1%-55.2%0.570.2611.7x4685%
EMA 크로스오버
fast=50, slow=167
11.5%-49.5%0.540.237.6x2359%
SMA 크로스오버
fast=43, slow=187
11.5%-48.9%0.540.247.6x2958%
MACD
fast=22, slow=91, signal=19
10.1%-40.7%0.520.256.0x14849%
볼린저 밴드 돌파
n=58, k=1.6
9.8%-34.8%0.510.285.7x7640%
Parabolic SAR
step=0.01, maxStep=0.24
9.9%-42.2%0.500.245.8x21253%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=10, mult=2.6
8.7%-34.6%0.470.254.7x7438%
ADX / DI 방향성
period=30, threshold=2
9.1%-51.9%0.460.185.1x21661%
ROC 모멘텀
n=101, threshold=-0.01
8.3%-56.0%0.420.154.4x14962%
Buy and hold12.4%-61.3%0.510.208.8x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파SupertrendBuy and hold
Supertrend (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -15% -31% -46% -61% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파Supertrend
Supertrend maximum drawdown -36.5% (2017-11-28 → 2019-03-28), recovered after 976 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

Read next