Trend-Following Backtester · Guide · backtest 한국어

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Zhejiang Huahai Pharmaceutical Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Zhejiang Huahai Pharmaceutical Co., Ltd. Class A. 1 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 9.7%, MDD -57.7%).

Data 2003-03-04 ~ 2026-07-31daily bars 5,738 (23.4 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 11.1%, drawdown -74.6%).

Sharpe leader (same as main): Supertrend — CAGR 12.5%, MDD -64.5%, Sharpe 0.54, 56% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 1.4%p higher than buy and hold, while drawdown improves by 10.1%p (CAGR 9.7%, MDD -57.7%, exposure 57%).

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
Supertrend
period=29, mult=5
12.5%-64.5%0.540.1915.8x5556%
EMA 크로스오버
fast=38, slow=57
9.7%-60.9%0.450.168.8x6956%
SMA 크로스오버
fast=10, slow=167
9.7%-57.7%0.450.178.7x5557%
ROC 모멘텀
n=84, threshold=-0.03
8.7%-61.3%0.420.147.1x20559%
Keltner 채널 돌파
emaPeriod=64, atrPeriod=8, mult=2.5
7.3%-58.0%0.400.125.1x8234%
Donchian 채널 돌파
entryN=80, exitN=73
5.7%-69.8%0.340.083.7x4054%
MACD
fast=19, slow=54, signal=16
5.1%-76.6%0.320.073.2x23351%
볼린저 밴드 돌파
n=31, k=3.1
3.6%-35.9%0.310.102.3x4212%
Parabolic SAR
step=0.005, maxStep=0.22
3.0%-81.9%0.260.042.0x19349%
ADX / DI 방향성
period=22, threshold=20
1.9%-58.2%0.200.031.5x15228%
Buy and hold11.1%-74.6%0.470.1511.7x1100%
1x 10x 2004 2007 2010 2013 2016 2019 2022 2025 SupertrendBuy and hold
Supertrend: 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 holdSupertrend
Supertrend maximum drawdown -64.5% (2020-08-28 → 2024-04-08), prior peak not yet recovered.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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