Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Chroma Ate Inc. backtest

10 trend-following strategies were compared on the full daily history of Chroma Ate Inc.. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 17.7%, MDD -47.7%).

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

3 of 10 beat buy and hold (CAGR 16.0%, drawdown -80.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 20.2%, MDD -51.7%, Sharpe 0.69, 82% exposure.

Return/drawdown alternative: Supertrend — CAGR is 4.2%p higher than buy and hold, while drawdown improves by 28.7%p (CAGR 17.7%, MDD -47.7%, exposure 58%).

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=11, exitN=59
20.2%-51.7%0.690.39132.6x8182%
Supertrend
period=10, mult=3.7
17.7%-47.7%0.680.3775.9x10858%
SMA 크로스오버
fast=46, slow=65
17.4%-58.6%0.660.3070.4x11658%
ADX / DI 방향성
period=33, threshold=23
11.9%-37.0%0.620.3219.7x5219%
EMA 크로스오버
fast=26, slow=51
14.2%-60.3%0.580.2434.2x10860%
볼린저 밴드 돌파
n=44, k=3.5
9.1%-38.0%0.570.2410.0x3614%
ROC 모멘텀
n=61, threshold=-0.02
13.4%-58.1%0.550.2328.4x31462%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=26, mult=2.2
10.6%-55.7%0.500.1914.4x12640%
MACD
fast=22, slow=70, signal=18
9.1%-67.8%0.440.1310.2x22651%
Parabolic SAR
step=0.015, maxStep=0.2
-1.7%-86.5%0.10-0.020.6x43252%
Buy and hold16.0%-80.5%0.560.2051.3x1100%
1x 10x 100x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -40% -60% -80% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -51.7% (2000-04-05 → 2000-12-18), recovered after 663 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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