Trend-Following Backtester · Guide · backtest 한국어

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Nichias Corporation backtest

10 trend-following strategies were compared on the full daily history of Nichias Corporation. 2 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 12.8%, MDD -51.1%).

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

2 of 10 beat buy and hold (CAGR 11.5%, drawdown -87.0%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 12.8%, MDD -51.1%, Sharpe 0.61, 61% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 13.9%, MDD -61.1%, exposure 98%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 1.3%p higher than buy and hold, while drawdown improves by 36.0%p (CAGR 12.8%, MDD -51.1%, exposure 61%).

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
SMA 크로스오버
fast=35, slow=166
12.8%-51.1%0.610.2521.6x4161%
ROC 모멘텀
Hold-like · Exposure 98%
n=13, threshold=-0.15
13.9%-61.1%0.560.2327.7x5798%
EMA 크로스오버
fast=41, slow=100
11.1%-56.3%0.560.2014.9x5163%
Donchian 채널 돌파
entryN=109, exitN=34
9.3%-40.5%0.550.239.6x5041%
볼린저 밴드 돌파
n=75, k=2.3
6.5%-38.0%0.440.175.0x6635%
Keltner 채널 돌파
emaPeriod=72, atrPeriod=25, mult=3.8
4.7%-52.0%0.360.093.3x7032%
ADX / DI 방향성
period=35, threshold=18
3.5%-31.9%0.310.112.4x6621%
Supertrend
period=19, mult=5
3.6%-64.9%0.270.062.5x8862%
MACD
fast=19, slow=36, signal=20
-2.2%-76.5%0.03-0.030.6x30251%
Parabolic SAR
step=0.01, maxStep=0.14
-2.5%-71.8%0.02-0.040.5x32256%
Buy and hold11.5%-87.0%0.480.1316.1x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 ROC 모멘텀SMA 크로스오버Buy and hold
SMA 크로스오버 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -22% -44% -65% -87% 2002 2006 2010 2014 2018 2022 2026 Buy and holdROC 모멘텀SMA 크로스오버
SMA 크로스오버 maximum drawdown -51.1% (2018-01-17 → 2020-03-16), recovered after 2,218 days.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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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