Trend-Following Backtester · Guide · backtest 한국어

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Wafer Works Corp. backtest

10 trend-following strategies were compared on the full daily history of Wafer Works Corp.. 10 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 6.5%, MDD -40.1%).

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

10 of 10 beat buy and hold (CAGR -2.9%, drawdown -94.9%).

Sharpe leader (same as main): MACD — CAGR 11.7%, MDD -64.6%, Sharpe 0.50, 52% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 14.7%p higher than buy and hold, while drawdown improves by 30.3%p (CAGR 6.5%, MDD -40.1%, exposure 4%).

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=23, signal=19
11.7%-64.6%0.500.187.8x26652%
ADX / DI 방향성
period=24, threshold=35
6.5%-40.1%0.490.163.2x84%
볼린저 밴드 돌파
n=20, k=1.3
10.7%-59.8%0.490.186.6x21237%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=24, mult=1
10.5%-62.3%0.490.176.4x21234%
Donchian 채널 돌파
entryN=109, exitN=48
10.5%-68.3%0.490.156.4x2130%
Supertrend
period=13, mult=1.6
10.1%-71.5%0.470.146.0x29045%
EMA 크로스오버
fast=51, slow=201
9.6%-60.4%0.460.165.5x1730%
SMA 크로스오버
fast=22, slow=168
9.7%-76.4%0.450.135.6x3743%
Parabolic SAR
step=0.02, maxStep=0.26
8.9%-71.0%0.430.134.9x34248%
ROC 모멘텀
n=140, threshold=0.1
8.2%-78.4%0.420.104.3x11130%
Buy and hold-2.9%-94.9%0.18-0.030.6x1100%
0.1 1x 2008 2011 2014 2017 2020 2023 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 2008 2011 2014 2017 2020 2023 2026 Buy and holdMACD
MACD maximum drawdown -64.6% (2008-05-19 → 2011-12-08), recovered after 3,399 days.

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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