Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Fiberhome Telecommunication Technologies Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Fiberhome Telecommunication Technologies Co., Ltd. Class A. 6 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 6.2%, MDD -42.6%).

Data 2001-08-23 ~ 2026-07-31daily bars 6,136 (24.9 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 5.3%, drawdown -82.1%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 8.9%, MDD -61.4%, Sharpe 0.44, 33% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 3.7%p higher than buy and hold, while drawdown improves by 20.7%p (CAGR 6.2%, MDD -42.6%, exposure 21%).

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
ADX / DI 방향성
period=39, threshold=12
8.9%-61.4%0.440.158.5x12633%
SMA 크로스오버
fast=36, slow=191
8.1%-72.8%0.400.117.1x3147%
Donchian 채널 돌파
entryN=42, exitN=21
7.0%-73.0%0.380.105.4x8032%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=27, mult=3.3
6.2%-42.6%0.370.154.5x5621%
EMA 크로스오버
fast=53, slow=232
6.7%-73.2%0.370.095.1x2348%
볼린저 밴드 돌파
n=44, k=2.5
5.7%-48.4%0.350.123.9x6620%
Supertrend
period=20, mult=4.9
4.4%-84.1%0.300.052.9x7246%
ROC 모멘텀
n=89, threshold=0.04
3.4%-86.1%0.270.042.3x23241%
Parabolic SAR
step=0.01, maxStep=0.14
-0.3%-77.5%0.16-0.000.9x31851%
MACD
fast=12, slow=34, signal=17
-1.8%-76.5%0.11-0.020.6x34451%
Buy and hold5.3%-82.1%0.350.063.6x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2002 2006 2010 2014 2018 2022 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -61.4% (2015-06-04 → 2025-12-05), recovered after 3,996 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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