Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Visual Photonics Epitaxy Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Visual Photonics Epitaxy Co., Ltd.. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 18.8%, MDD -46.3%).

Data 2002-01-25 ~ 2026-07-31daily bars 6,070 (24.5 years)Costs 0.5%Venue TWSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 12.0%, drawdown -86.8%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 21.0%, MDD -54.4%, Sharpe 0.78, 36% exposure.

CAGR reference leader: MACD — CAGR 22.4%, MDD -75.3%, exposure 52%.

Return/drawdown alternative: Supertrend — CAGR is 9.0%p higher than buy and hold, while drawdown improves by 32.3%p (CAGR 18.8%, MDD -46.3%, exposure 49%).

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=50, k=1.8
21.0%-54.4%0.780.39107.3x9836%
MACD
fast=12, slow=51, signal=16
22.4%-75.3%0.760.30143.2x25652%
Keltner 채널 돌파
emaPeriod=32, atrPeriod=19, mult=1.6
19.9%-61.0%0.750.3384.9x16438%
Donchian 채널 돌파
entryN=29, exitN=27
19.5%-53.0%0.690.3778.7x9450%
Supertrend
period=24, mult=4.2
18.8%-46.3%0.680.4168.3x9649%
EMA 크로스오버
fast=18, slow=22
17.9%-64.5%0.650.2856.7x16053%
SMA 크로스오버
fast=51, slow=105
18.0%-55.0%0.640.3357.5x5954%
ADX / DI 방향성
period=30, threshold=13
15.7%-53.8%0.600.2936.0x19647%
ROC 모멘텀
n=104, threshold=-0.02
16.0%-58.8%0.590.2738.2x17557%
Parabolic SAR
step=0.01, maxStep=0.36
15.0%-58.1%0.580.2630.8x29251%
Buy and hold12.0%-86.8%0.480.1416.0x1100%
1x 10x 100x 2003 2006 2009 2012 2015 2018 2021 2024 MACD볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -22% -43% -65% -87% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdMACD볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -54.4% (2004-04-16 → 2005-09-07), recovered after 602 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

Read next