Trend-Following Backtester · Guide · backtest 한국어

equity · TW

VisEra Technologies Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of VisEra Technologies Co., Ltd.. 10 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 13.9%, MDD -17.6%).

Data 2021-04-07 ~ 2026-07-31daily bars 1,295 (5.3 years)Costs 0.5%Venue TWSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -2.9%, drawdown -72.4%).

Sharpe leader (same as main): MACD — CAGR 31.2%, MDD -28.7%, Sharpe 1.02, 49% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 34.1%p higher than buy and hold, while drawdown improves by 43.7%p (CAGR 13.9%, MDD -17.6%, exposure 9%).

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
MACD
fast=18, slow=40, signal=6
31.2%-28.7%1.021.094.2x7049%
ADX / DI 방향성
period=6, threshold=38
20.5%-28.7%0.890.722.7x5423%
Supertrend
period=26, mult=2.4
24.5%-31.3%0.870.783.2x4042%
볼린저 밴드 돌파
n=14, k=2.8
13.9%-17.6%0.830.792.0x149%
Donchian 채널 돌파
entryN=23, exitN=4
18.0%-20.4%0.820.882.4x3819%
Parabolic SAR
step=0.02, maxStep=0.28
19.6%-31.1%0.730.632.6x9444%
Keltner 채널 돌파
emaPeriod=35, atrPeriod=22, mult=1
12.2%-30.2%0.540.401.8x4439%
EMA 크로스오버
fast=5, slow=60
9.5%-36.2%0.440.261.6x3246%
ROC 모멘텀
n=14, threshold=0.05
6.2%-34.0%0.360.181.4x11830%
SMA 크로스오버
fast=44, slow=63
5.7%-44.5%0.340.131.3x2249%
Buy and hold-2.9%-72.4%0.18-0.040.9x1100%
1x 2022 2023 2024 2025 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -72% 2022 2023 2024 2025 2026 Buy and holdMACD
MACD maximum drawdown -28.7% (2022-01-03 → 2022-11-01), recovered after 402 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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