Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Ta Liang Technology Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Ta Liang Technology Co., Ltd.. 9 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 18.9%, MDD -39.9%).

Data 2007-12-31 ~ 2026-07-31daily bars 4,553 (18.6 years)Costs 0.5%Venue TWSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 15.0%, drawdown -84.2%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 16.5%, MDD -45.9%, Sharpe 0.64, 58% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 23.6%, MDD -56.2%, exposure 66%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.6%p higher than buy and hold, while drawdown improves by 38.3%p (CAGR 18.9%, MDD -39.9%, exposure 45%).

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
EMA 크로스오버
fast=23, slow=35
16.5%-45.9%0.640.3617.2x7058%
SMA 크로스오버
fast=11, slow=197
16.2%-54.6%0.620.3016.3x2550%
MACD
fast=23, slow=42, signal=24
14.0%-51.3%0.600.2711.3x11440%
Donchian 채널 돌파
entryN=50, exitN=48
23.6%-56.2%0.570.4251.5x3466%
ADX / DI 방향성
period=15, threshold=7
23.6%-48.0%0.570.4951.0x21868%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=15, mult=1.1
22.5%-47.6%0.560.4743.7x10458%
Supertrend
period=21, mult=3.4
21.5%-55.4%0.540.3937.3x8659%
ROC 모멘텀
n=143, threshold=-0.03
21.2%-55.1%0.540.3835.6x6769%
Parabolic SAR
step=0.01, maxStep=0.14
19.3%-69.6%0.510.2826.7x15861%
볼린저 밴드 돌파
n=45, k=1.9
18.9%-39.9%0.500.4725.1x7045%
Buy and hold15.0%-84.2%0.460.1813.4x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파EMA 크로스오버Buy and hold
EMA 크로스오버 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -21% -42% -63% -84% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파EMA 크로스오버
EMA 크로스오버 maximum drawdown -45.9% (2018-01-22 → 2020-05-25), recovered after 2,402 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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