Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Toyo Suisan Kaisha, Ltd. backtest

10 trend-following strategies were compared on the full daily history of Toyo Suisan Kaisha, Ltd.. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester.

Data 2001-01-01 ~ 2026-07-31daily bars 6,373 (25.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.2%, drawdown -47.0%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 3.1%, MDD -28.9%, Sharpe 0.37, 11% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 4.5%, MDD -45.5%, exposure 56%.

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
볼린저 밴드 돌파
n=66, k=3.5
3.1%-28.9%0.370.112.2x1811%
SMA 크로스오버
fast=16, slow=90
4.5%-45.5%0.320.103.1x9556%
Donchian 채널 돌파
entryN=27, exitN=67
3.1%-52.3%0.250.062.2x6975%
Supertrend
period=10, mult=5
2.7%-40.9%0.230.072.0x8157%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=16, mult=3.6
1.8%-43.0%0.200.041.6x6421%
ADX / DI 방향성
period=33, threshold=34
0.4%-9.4%0.140.041.1x41%
EMA 크로스오버
fast=48, slow=102
0.3%-50.2%0.120.011.1x6059%
ROC 모멘텀
n=81, threshold=-0.03
-0.8%-56.6%0.08-0.010.8x26566%
Parabolic SAR
step=0.01, maxStep=0.16
-2.3%-74.7%-0.01-0.030.5x32152%
MACD
fast=14, slow=35, signal=17
-3.1%-70.6%-0.06-0.040.5x34151%
Buy and hold10.2%-47.0%0.490.2212.0x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -12% -24% -35% -47% 2002 2006 2010 2014 2018 2022 2026 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -28.9% (2013-05-17 → 2023-05-18), recovered after 3,933 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

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