Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Meiko Electronics Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Meiko Electronics Co., Ltd.. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 26.3%, MDD -54.2%).

Data 2000-12-08 ~ 2026-07-31daily bars 6,389 (25.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 15.0%, drawdown -97.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 26.3%, MDD -54.2%, Sharpe 0.77, 42% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 11.3%p higher than buy and hold, while drawdown improves by 43.8%p (CAGR 26.3%, MDD -54.2%, exposure 42%).

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=70, k=1.1
26.3%-54.2%0.770.49396.9x9642%
Donchian 채널 돌파
entryN=15, exitN=71
24.4%-76.2%0.670.32272.4x6278%
Keltner 채널 돌파
emaPeriod=67, atrPeriod=18, mult=2.9
19.7%-62.0%0.650.32101.2x8836%
EMA 크로스오버
fast=20, slow=195
21.5%-92.0%0.650.23148.7x3950%
SMA 크로스오버
fast=39, slow=83
20.9%-90.9%0.640.23130.6x7452%
ROC 모멘텀
n=50, threshold=-0.03
20.8%-76.0%0.630.27128.0x33858%
MACD
fast=19, slow=152, signal=32
18.8%-78.7%0.600.2482.5x14654%
Supertrend
period=18, mult=3.6
16.6%-80.4%0.570.2151.7x16653%
Parabolic SAR
step=0.01, maxStep=0.3
15.1%-82.7%0.540.1837.2x31651%
ADX / DI 방향성
period=34, threshold=15
12.9%-81.0%0.500.1622.6x12834%
Buy and hold15.0%-97.9%0.530.1535.8x1100%
1x 10x 100x 2001 2005 2009 2013 2017 2021 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -49% -73% -98% 2001 2005 2009 2013 2017 2021 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -54.2% (2013-05-22 → 2016-11-04), recovered after 1,307 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

Read next