Trend-Following Backtester · Guide · backtest 한국어

equity · TW

TA Chen Stainless Pipe Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of TA Chen Stainless Pipe Co., Ltd.. 3 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 9.8%, MDD -51.0%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,608 (26.6 years)Costs 0.5%Venue TWSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 8.7%, drawdown -79.9%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 4.5%, MDD -35.2%, Sharpe 0.52, 3% exposure.

CAGR reference leader: Supertrend — CAGR 10.3%, MDD -60.4%, exposure 56%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 4.2%p lower than buy and hold, while drawdown improves by 44.7%p (CAGR 9.8%, MDD -51.0%, 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
Keltner 채널 돌파
emaPeriod=7, atrPeriod=15, mult=2.8
4.5%-35.2%0.520.133.2x363%
Supertrend
period=10, mult=4
10.3%-60.4%0.490.1713.4x11956%
ADX / DI 방향성
period=23, threshold=51
3.5%-27.5%0.480.132.5x101%
SMA 크로스오버
fast=52, slow=101
9.8%-51.0%0.470.1911.9x7752%
Donchian 채널 돌파
entryN=101, exitN=76
8.9%-62.4%0.440.149.6x3548%
EMA 크로스오버
fast=58, slow=127
7.9%-58.1%0.410.147.6x4552%
MACD
fast=23, slow=42, signal=12
7.0%-58.4%0.380.126.1x29551%
ROC 모멘텀
n=76, threshold=0.14
5.9%-63.7%0.360.094.6x19122%
볼린저 밴드 돌파
n=46, k=1.1
5.8%-64.3%0.350.094.4x18740%
Parabolic SAR
step=0.005, maxStep=0.22
5.6%-55.6%0.340.104.3x18550%
Buy and hold8.7%-79.9%0.410.119.3x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 SupertrendKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -20% -40% -60% -80% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrendKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -35.2% (2004-03-03 → 2017-10-26), recovered after 7,664 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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