Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Ryohin Keikaku Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Ryohin Keikaku Co., Ltd.. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 11.4%, MDD -34.8%).

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

3 of 10 beat buy and hold (CAGR 12.2%, drawdown -75.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 18.6%, MDD -57.8%, Sharpe 0.74, 66% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 6.4%p higher than buy and hold, while drawdown improves by 18.1%p (CAGR 11.4%, MDD -34.8%, exposure 43%).

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=88, exitN=120
18.6%-57.8%0.740.3278.3x1966%
SMA 크로스오버
fast=27, slow=215
16.6%-57.7%0.700.2950.7x3360%
EMA 크로스오버
fast=50, slow=137
16.0%-57.9%0.680.2845.0x3560%
ROC 모멘텀
n=145, threshold=0.14
11.4%-34.8%0.590.3315.9x16343%
ADX / DI 방향성
period=24, threshold=12
8.6%-64.6%0.460.138.2x26748%
Supertrend
period=9, mult=2.6
8.1%-69.7%0.430.127.3x24556%
Keltner 채널 돌파
emaPeriod=28, atrPeriod=8, mult=2.9
5.7%-44.7%0.410.134.1x10426%
볼린저 밴드 돌파
n=26, k=1.3
6.1%-51.1%0.370.124.5x26744%
Parabolic SAR
step=0.03, maxStep=0.34
2.0%-64.9%0.210.031.7x65953%
MACD
fast=16, slow=48, signal=11
1.2%-78.2%0.170.021.3x36150%
Buy and hold12.2%-75.9%0.500.1619.0x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -76% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -57.8% (2006-04-04 → 2011-03-15), recovered after 2,557 days.

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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