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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Henan Huanghe Whirlwind Co., Ltd Class A backtest

10 trend-following strategies were compared on the full daily history of Henan Huanghe Whirlwind Co., Ltd Class A. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 12.0%, MDD -60.4%).

Data 1998-11-26 ~ 2026-07-31daily bars 6,851 (27.7 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 6.0%, drawdown -88.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.6%, MDD -75.8%, Sharpe 0.54, 66% exposure.

Return/drawdown alternative: Supertrend — CAGR is 8.7%p higher than buy and hold, while drawdown improves by 13.1%p (CAGR 12.0%, MDD -60.4%, exposure 47%).

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=12, exitN=24
14.6%-75.8%0.540.1943.8x14866%
Supertrend
period=15, mult=3.7
12.0%-60.4%0.500.2022.8x12247%
MACD
fast=7, slow=25, signal=17
9.5%-74.9%0.430.1312.3x47252%
EMA 크로스오버
fast=53, slow=217
9.4%-69.5%0.430.1412.1x2546%
ADX / DI 방향성
period=21, threshold=13
8.8%-71.0%0.420.1210.3x31647%
Parabolic SAR
step=0.01, maxStep=0.14
8.0%-78.3%0.400.108.5x33248%
볼린저 밴드 돌파
n=55, k=1.3
6.1%-76.5%0.350.085.1x14838%
SMA 크로스오버
fast=12, slow=80
5.4%-87.0%0.330.064.3x12250%
ROC 모멘텀
n=124, threshold=-0.01
3.9%-87.3%0.300.042.9x29151%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=15, mult=3.2
2.4%-66.7%0.230.041.9x7821%
Buy and hold6.0%-88.9%0.370.075.0x1100%
1x 10x 1999 2003 2007 2011 2015 2019 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -67% -89% 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -75.8% (2015-06-16 → 2020-07-27), recovered after 2,284 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 setupMore CN assetsAll asset reports

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