Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Chengdu Xuguang Electronics Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Chengdu Xuguang Electronics Co., Ltd. Class A. 3 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 14.5%, MDD -58.7%).

Data 2002-11-20 ~ 2026-07-31daily bars 5,812 (23.7 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 11.0%, drawdown -78.6%).

Sharpe leader (same as main): MACD — CAGR 14.5%, MDD -78.0%, Sharpe 0.56, 53% exposure.

CAGR reference leader: Supertrend — CAGR 14.5%, MDD -58.7%, exposure 49%.

Return/drawdown alternative: Supertrend — CAGR is 3.4%p higher than buy and hold, while drawdown improves by 0.6%p (CAGR 14.5%, MDD -58.7%, exposure 49%).

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
MACD
fast=7, slow=34, signal=14
14.5%-78.0%0.560.1924.7x40453%
Supertrend
period=8, mult=2.6
14.5%-58.7%0.560.2524.7x18849%
Parabolic SAR
step=0.01, maxStep=0.36
13.1%-60.7%0.530.2218.4x28449%
ROC 모멘텀
n=144, threshold=-0.04
10.2%-66.2%0.450.159.9x16159%
SMA 크로스오버
fast=5, slow=168
9.4%-78.7%0.430.128.4x8152%
Donchian 채널 돌파
entryN=63, exitN=77
8.7%-79.6%0.410.117.2x3753%
볼린저 밴드 돌파
n=21, k=1.5
8.0%-84.0%0.400.106.2x25437%
EMA 크로스오버
fast=22, slow=181
7.9%-82.5%0.400.106.1x4553%
ADX / DI 방향성
period=13, threshold=26
6.8%-71.4%0.370.104.8x20027%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=26, mult=1.7
5.6%-79.6%0.330.073.6x13837%
Buy and hold11.0%-78.6%0.470.1412.0x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 SupertrendMACDBuy and hold
MACD (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -20% -39% -59% -79% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdSupertrendMACD
MACD maximum drawdown -78.0% (2016-08-26 → 2021-11-05), recovered after 3,553 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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