Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Mega Financial Holding Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Mega Financial Holding Co., Ltd.. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester.

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

0 of 10 beat buy and hold (CAGR 6.0%, drawdown -71.1%).

Sharpe leader (same as main): Supertrend — CAGR 3.9%, MDD -51.3%, Sharpe 0.29, 53% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=8, mult=4.8
3.9%-51.3%0.290.082.8x8953%
SMA 크로스오버
fast=48, slow=167
2.4%-43.0%0.220.061.9x5159%
Donchian 채널 돌파
entryN=34, exitN=72
2.4%-52.1%0.220.051.9x6372%
볼린저 밴드 돌파
n=57, k=1.5
0.8%-44.9%0.130.021.3x11540%
EMA 크로스오버
fast=18, slow=46
0.4%-57.1%0.120.011.1x12156%
Keltner 채널 돌파
emaPeriod=65, atrPeriod=24, mult=1.5
-0.5%-55.5%0.06-0.010.9x16146%
ROC 모멘텀
n=91, threshold=-0.04
-1.6%-63.2%0.04-0.030.7x25972%
ADX / DI 방향성
period=35, threshold=24
-0.1%-38.1%0.02-0.001.0x156%
Parabolic SAR
step=0.01, maxStep=0.3
-1.8%-63.3%0.00-0.030.6x33354%
MACD
fast=19, slow=58, signal=18
-2.4%-72.4%-0.03-0.030.5x28553%
Buy and hold6.0%-71.1%0.350.084.7x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -53% -71% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrend
Supertrend maximum drawdown -51.3% (2004-03-04 → 2009-03-20), recovered after 2,489 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

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