Trend-Following Backtester · Guide · backtest 한국어

equity · TW

King Yuan Electronics Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of King Yuan Electronics Co., Ltd.. 7 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 13.4%, MDD -27.5%).

Data 2001-05-10 ~ 2026-07-31daily bars 6,256 (25.2 years)Costs 0.5%Venue TWSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 12.7%, drawdown -79.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 13.4%, MDD -27.5%, Sharpe 0.73, 19% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 19.8%, MDD -72.1%, exposure 72%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 0.6%p higher than buy and hold, while drawdown improves by 51.9%p (CAGR 13.4%, MDD -27.5%, exposure 19%).

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
볼린저 밴드 돌파
n=60, k=3.4
13.4%-27.5%0.730.4923.8x2619%
Donchian 채널 돌파
entryN=24, exitN=55
19.8%-72.1%0.690.2794.9x6272%
SMA 크로스오버
fast=12, slow=143
17.0%-50.7%0.650.3352.1x6258%
EMA 크로스오버
fast=40, slow=52
16.5%-52.6%0.630.3147.3x6858%
ROC 모멘텀
n=87, threshold=0.08
14.9%-51.4%0.630.2933.6x24444%
Keltner 채널 돌파
emaPeriod=71, atrPeriod=19, mult=2.7
13.9%-48.3%0.620.2926.7x8839%
Supertrend
period=9, mult=4.8
14.0%-60.8%0.550.2327.2x8857%
ADX / DI 방향성
period=32, threshold=13
11.9%-59.5%0.540.2017.0x20244%
MACD
fast=19, slow=31, signal=14
6.0%-63.8%0.350.094.4x32052%
Parabolic SAR
step=0.005, maxStep=0.26
4.0%-67.4%0.280.062.7x19455%
Buy and hold12.7%-79.4%0.490.1620.6x1100%
1x 10x 100x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -20% -40% -60% -79% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -27.5% (2004-04-05 → 2009-03-11), recovered after 3,304 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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