Trend-Following Backtester · Guide · backtest 한국어

equity · FI

Tieto Corporation backtest

10 trend-following strategies were compared on the full daily history of Tieto Corporation. 7 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 0.3%, MDD -6.8%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,745 (26.6 years)Costs 0.5%Venue OMXHEXMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR -4.7%, drawdown -91.5%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 0.3%, MDD -6.8%, Sharpe 0.14, 1% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 5.0%p higher than buy and hold, while drawdown improves by 84.7%p (CAGR 0.3%, MDD -6.8%, exposure 1%).

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
Keltner 채널 돌파
emaPeriod=10, atrPeriod=21, mult=3.9
0.3%-6.8%0.140.041.1x81%
EMA 크로스오버
fast=97, slow=304
0.3%-58.8%0.110.001.1x1350%
ROC 모멘텀
n=90, threshold=-0.15
-2.0%-70.0%0.07-0.030.6x11982%
SMA 크로스오버
fast=71, slow=109
-1.3%-72.6%0.06-0.020.7x6951%
볼린저 밴드 돌파
n=27, k=3.5
0.0%-22.7%0.040.001.0x225%
Donchian 채널 돌파
entryN=46, exitN=90
-2.4%-72.3%0.03-0.030.5x4367%
ADX / DI 방향성
period=16, threshold=37
-0.3%-16.2%-0.03-0.020.9x263%
Supertrend
period=20, mult=3.7
-5.8%-87.8%-0.14-0.070.2x13452%
Parabolic SAR
step=0.01, maxStep=0.06
-7.8%-91.7%-0.22-0.080.1x30753%
MACD
fast=15, slow=22, signal=14
-9.1%-94.3%-0.25-0.100.1x43151%
Buy and hold-4.7%-91.5%0.06-0.050.3x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -46% -69% -92% 2001 2005 2009 2013 2017 2021 2025 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -6.8% (2005-03-04 → 2008-04-01), recovered after 1,138 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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