Trend-Following Backtester · Guide · backtest 한국어

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Nitori Holdings Co. Ltd. backtest

10 trend-following strategies were compared on the full daily history of Nitori Holdings Co. Ltd.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2002-10-29 ~ 2026-07-31daily bars 5,897 (23.8 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.5%, drawdown -54.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 4.9%, MDD -54.6%, Sharpe 0.33, 63% 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
Donchian 채널 돌파
entryN=66, exitN=76
4.9%-54.6%0.330.093.1x3863%
SMA 크로스오버
fast=7, slow=165
4.3%-57.9%0.300.072.7x8260%
EMA 크로스오버
fast=29, slow=91
3.8%-56.6%0.280.072.4x5860%
볼린저 밴드 돌파
n=40, k=1.5
3.3%-56.3%0.270.062.2x15542%
Supertrend
period=25, mult=4.8
3.0%-56.1%0.250.052.0x9758%
Parabolic SAR
step=0.01, maxStep=0.2
2.5%-65.2%0.230.041.8x30354%
MACD
fast=12, slow=41, signal=18
2.4%-52.1%0.220.051.8x30950%
Keltner 채널 돌파
emaPeriod=77, atrPeriod=15, mult=2.5
1.9%-57.2%0.190.031.6x10642%
ROC 모멘텀
n=128, threshold=0.01
0.7%-70.4%0.140.011.2x19658%
ADX / DI 방향성
period=38, threshold=14
0.5%-51.2%0.110.011.1x11028%
Buy and hold10.5%-54.0%0.490.1910.6x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -27% -41% -55% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -54.6% (2024-03-25 → 2026-04-06), 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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