Trend-Following Backtester · Guide · backtest 한국어

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HD건설기계 backtest

10 trend-following strategies were compared on the full daily history of HD건설기계. 5 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 11.2%, MDD -45.5%).

Data 2017-05-10 ~ 2026-07-31daily bars 2,258 (9.2 years)Costs 0.5%Venue XKRXMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 8.6%, drawdown -89.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 19.8%, MDD -61.5%, Sharpe 0.61, 92% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 11.1%p higher than buy and hold, while drawdown improves by 28.1%p (CAGR 11.2%, MDD -45.5%, exposure 46%).

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=5, exitN=110
19.8%-61.5%0.610.325.3x2592%
ADX / DI 방향성
period=35, threshold=17
12.4%-47.6%0.520.262.9x2435%
EMA 크로스오버
fast=37, slow=91
11.9%-49.6%0.480.242.8x2251%
SMA 크로스오버
fast=17, slow=190
11.2%-45.5%0.470.252.7x1846%
Supertrend
period=17, mult=5
10.5%-67.5%0.450.162.5x2264%
ROC 모멘텀
n=145, threshold=0.13
8.3%-57.3%0.400.142.1x5942%
Parabolic SAR
step=0.025, maxStep=0.16
7.4%-56.0%0.380.131.9x19449%
볼린저 밴드 돌파
n=75, k=1.3
6.6%-52.1%0.360.131.8x3440%
MACD
fast=17, slow=24, signal=12
-0.1%-53.6%0.18-0.001.0x13348%
Keltner 채널 돌파
emaPeriod=16, atrPeriod=16, mult=3.4
1.3%-28.0%0.170.051.1x104%
Buy and hold8.6%-89.5%0.430.102.1x1100%
1x 2018 2020 2022 2024 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -90% 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -61.5% (2018-01-25 → 2020-02-04), recovered after 1,078 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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