Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Jiangsu Zhongtian Technology Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Jiangsu Zhongtian Technology Co., Ltd. Class A. 2 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 8.9%, MDD -45.6%).

Data 2002-10-24 ~ 2026-07-31daily bars 5,831 (23.8 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 11.7%, drawdown -74.1%).

Sharpe leader (same as main): Supertrend — CAGR 12.9%, MDD -61.3%, Sharpe 0.54, 51% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 1.2%p higher than buy and hold, while drawdown improves by 12.8%p (CAGR 8.9%, MDD -45.6%, exposure 27%).

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=25, mult=2.4
12.9%-61.3%0.540.2117.8x20651%
SMA 크로스오버
fast=39, slow=77
12.2%-62.9%0.510.1915.4x7552%
Donchian 채널 돌파
entryN=107, exitN=50
10.0%-62.0%0.470.169.7x3439%
ADX / DI 방향성
period=17, threshold=22
8.9%-45.6%0.460.207.6x16827%
EMA 크로스오버
fast=38, slow=92
9.9%-67.9%0.450.159.3x5953%
ROC 모멘텀
n=62, threshold=0.07
9.2%-68.7%0.440.138.0x24239%
볼린저 밴드 돌파
n=44, k=1.3
7.9%-63.5%0.410.126.0x14840%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=9, mult=3
6.3%-50.0%0.390.134.3x5816%
MACD
fast=7, slow=12, signal=23
7.3%-68.4%0.380.115.3x48251%
Parabolic SAR
step=0.005, maxStep=0.28
7.2%-77.7%0.380.095.2x18250%
Buy and hold11.7%-74.1%0.480.1613.8x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -74% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdSupertrend
Supertrend maximum drawdown -61.3% (2002-11-28 → 2006-06-20), recovered after 2,213 days.

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

Read next