Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Zhejiang Longsheng Group Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Zhejiang Longsheng Group Co. Ltd. Class A. 2 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 13.1%, MDD -51.0%).

Data 2003-08-01 ~ 2026-07-31daily bars 5,630 (23.0 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 11.5%, drawdown -74.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 13.6%, MDD -70.5%, Sharpe 0.57, 56% exposure.

Return/drawdown alternative: Supertrend — CAGR is 2.1%p higher than buy and hold, while drawdown improves by 4.5%p (CAGR 13.1%, MDD -51.0%, exposure 50%).

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=24, exitN=28
13.6%-70.5%0.570.1918.9x8856%
Supertrend
period=13, mult=3.3
13.1%-51.0%0.560.2617.0x11750%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=28, mult=4
10.2%-49.2%0.560.219.4x4016%
ADX / DI 방향성
period=19, threshold=27
9.6%-53.3%0.550.188.3x7015%
SMA 크로스오버
fast=14, slow=56
10.5%-65.9%0.480.169.9x11151%
Parabolic SAR
step=0.005, maxStep=0.12
10.0%-61.7%0.480.169.0x17347%
EMA 크로스오버
fast=40, slow=115
10.0%-67.9%0.460.158.9x5551%
볼린저 밴드 돌파
n=45, k=1.7
8.5%-69.0%0.440.126.5x12736%
ROC 모멘텀
n=141, threshold=-0.04
9.1%-73.3%0.430.127.4x16360%
MACD
fast=17, slow=46, signal=14
8.2%-77.1%0.420.116.1x28151%
Buy and hold11.5%-74.9%0.480.1512.3x1100%
1x 10x 2004 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -75% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -70.5% (2019-04-08 → 2024-08-22), prior peak not yet recovered.

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

Read next