Trend-Following Backtester · Guide · backtest 한국어

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Tokyo Century Corporation backtest

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

Data 2001-01-09 ~ 2026-07-31daily bars 6,367 (25.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.0%, drawdown -76.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 8.5%, MDD -36.3%, Sharpe 0.54, 28% exposure.

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=24, k=2.3
8.5%-36.3%0.540.238.1x14128%
Keltner 채널 돌파
emaPeriod=34, atrPeriod=13, mult=3.5
6.4%-37.1%0.450.174.8x7522%
Donchian 채널 돌파
entryN=100, exitN=7
5.6%-43.8%0.440.134.0x10418%
SMA 크로스오버
fast=34, slow=115
7.2%-49.3%0.390.155.9x6155%
EMA 크로스오버
fast=40, slow=70
6.9%-55.2%0.380.125.4x6757%
MACD
fast=30, slow=58, signal=19
6.5%-73.5%0.370.095.0x20352%
ADX / DI 방향성
period=14, threshold=33
3.9%-34.8%0.370.112.7x8012%
Supertrend
period=13, mult=2.5
5.0%-66.4%0.320.073.4x26555%
ROC 모멘텀
n=71, threshold=-0.03
4.1%-62.0%0.280.072.8x28162%
Parabolic SAR
step=0.01, maxStep=0.34
3.1%-79.9%0.250.042.2x33155%
Buy and hold12.0%-76.3%0.490.1618.0x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 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 hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -36.3% (2021-01-25 → 2025-07-07), prior peak not yet recovered.

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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