Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Elite Material Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Elite Material Co., Ltd.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 24.2%, MDD -50.9%).

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

1 of 10 beat buy and hold (CAGR 25.8%, drawdown -88.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 28.5%, MDD -62.6%, Sharpe 0.83, 74% exposure.

Return/drawdown alternative: Supertrend — CAGR is 2.7%p higher than buy and hold, while drawdown improves by 25.9%p (CAGR 24.2%, MDD -50.9%, exposure 55%).

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=31, exitN=77
28.5%-62.6%0.830.45777.1x4974%
ROC 모멘텀
n=58, threshold=0
25.3%-58.1%0.810.44402.4x27658%
MACD
fast=13, slow=47, signal=30
24.0%-55.6%0.810.43301.4x23851%
EMA 크로스오버
fast=18, slow=237
25.1%-57.2%0.810.44384.2x3364%
ADX / DI 방향성
period=13, threshold=29
18.8%-47.7%0.810.3996.5x18826%
Supertrend
period=7, mult=2.3
24.2%-50.9%0.800.48313.9x25455%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=28, mult=1.3
22.5%-43.4%0.780.52219.0x17249%
SMA 크로스오버
fast=20, slow=67
23.7%-50.3%0.780.47283.4x10457%
볼린저 밴드 돌파
n=39, k=1.9
19.3%-41.5%0.750.46108.5x14236%
Parabolic SAR
step=0.01, maxStep=0.34
15.2%-54.7%0.590.2842.6x34453%
Buy and hold25.8%-88.5%0.720.29441.8x1100%
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% -22% -44% -66% -88% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -62.6% (2002-04-25 → 2003-09-01), recovered after 1,345 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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