Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Inventec Corporation backtest

10 trend-following strategies were compared on the full daily history of Inventec Corporation. 8 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 5.0%, MDD -32.0%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,608 (26.6 years)Costs 0.5%Venue TWSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 3.0%, drawdown -78.3%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 5.0%, MDD -32.0%, Sharpe 0.42, 8% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 6.4%, MDD -54.7%, exposure 37%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 2.0%p higher than buy and hold, while drawdown improves by 46.3%p (CAGR 5.0%, MDD -32.0%, exposure 8%).

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
ADX / DI 방향성
period=24, threshold=29
5.0%-32.0%0.420.163.7x308%
Donchian 채널 돌파
entryN=40, exitN=20
6.4%-54.7%0.380.125.2x11037%
볼린저 밴드 돌파
n=40, k=2.8
4.9%-38.6%0.350.133.6x7418%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=10, mult=4
4.8%-40.8%0.350.123.5x4815%
SMA 크로스오버
fast=12, slow=72
5.7%-62.3%0.350.094.3x11248%
MACD
fast=22, slow=65, signal=21
5.7%-73.8%0.340.084.4x19853%
ROC 모멘텀
n=39, threshold=0.12
4.8%-57.6%0.340.083.5x21017%
EMA 크로스오버
fast=22, slow=33
4.4%-64.8%0.300.073.1x13848%
Supertrend
period=9, mult=4.3
1.6%-62.1%0.190.031.5x11449%
Parabolic SAR
step=0.005, maxStep=0.28
0.6%-86.9%0.160.011.2x20050%
Buy and hold3.0%-78.3%0.270.042.2x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -20% -39% -59% -78% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -32.0% (2023-07-25 → 2026-06-26), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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