Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Gigabyte Technology Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Gigabyte Technology Co., Ltd.. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 12.0%, MDD -37.8%).

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

9 of 10 beat buy and hold (CAGR 6.7%, drawdown -87.5%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 13.0%, MDD -38.1%, Sharpe 0.65, 29% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 13.5%, MDD -56.5%, exposure 51%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 6.3%p higher than buy and hold, while drawdown improves by 49.4%p (CAGR 12.0%, MDD -37.8%, exposure 27%).

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=50, k=2.3
13.0%-38.1%0.650.3425.4x7829%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=13, mult=3
12.0%-37.8%0.630.3220.5x8427%
Donchian 채널 돌파
entryN=42, exitN=17
12.1%-49.3%0.600.2520.8x9434%
SMA 크로스오버
fast=7, slow=46
13.5%-56.5%0.600.2428.7x19251%
Supertrend
period=14, mult=3.7
13.3%-62.6%0.590.2127.8x12653%
ADX / DI 방향성
period=17, threshold=22
9.3%-44.4%0.520.2110.7x17025%
EMA 크로스오버
fast=16, slow=22
10.0%-64.2%0.480.1612.5x19451%
ROC 모멘텀
n=28, threshold=0.08
7.5%-41.6%0.430.186.8x37626%
MACD
fast=18, slow=37, signal=29
7.2%-75.0%0.390.106.4x23851%
Parabolic SAR
step=0.015, maxStep=0.32
-2.2%-85.9%0.06-0.030.6x42451%
Buy and hold6.7%-87.5%0.360.085.6x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -44% -66% -87% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -38.1% (2018-05-22 → 2020-05-29), recovered after 1,056 days.

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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