Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Oji Holdings Corp. backtest

10 trend-following strategies were compared on the full daily history of Oji Holdings Corp.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 1.6%, MDD -49.6%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,632 (26.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 1.6%, drawdown -73.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 1.6%, MDD -49.6%, Sharpe 0.18, 38% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.1%p higher than buy and hold, while drawdown improves by 23.9%p (CAGR 1.6%, MDD -49.6%, exposure 38%).

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
Donchian 채널 돌파
entryN=93, exitN=57
1.6%-49.6%0.180.031.5x4038%
SMA 크로스오버
fast=23, slow=85
1.1%-68.9%0.150.021.3x8350%
볼린저 밴드 돌파
n=47, k=3.3
0.4%-23.8%0.110.021.1x124%
EMA 크로스오버
fast=53, slow=139
-1.0%-57.7%0.05-0.020.8x5044%
ADX / DI 방향성
period=26, threshold=16
-0.7%-52.7%0.03-0.010.8x15526%
Supertrend
period=27, mult=4.7
-1.8%-71.4%0.01-0.030.6x10748%
Keltner 채널 돌파
emaPeriod=47, atrPeriod=9, mult=2
-2.2%-72.5%-0.06-0.030.6x16334%
ROC 모멘텀
n=110, threshold=0.09
-2.5%-65.1%-0.07-0.040.5x19630%
MACD
fast=22, slow=37, signal=19
-4.4%-85.7%-0.13-0.050.3x28551%
Parabolic SAR
step=0.02, maxStep=0.12
-5.2%-88.2%-0.17-0.060.2x52351%
Buy and hold1.6%-73.4%0.200.021.5x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -37% -55% -73% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -49.6% (2018-01-11 → 2025-05-13), prior peak not yet recovered.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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