Trend-Following Backtester · Guide · backtest 한국어

equity · CN

JCET Group Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of JCET Group Co., Ltd. Class A. 6 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 16.6%, MDD -52.2%).

Data 2003-06-03 ~ 2026-07-31daily bars 5,673 (23.2 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 12.9%, drawdown -75.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 18.8%, MDD -69.7%, Sharpe 0.65, 53% exposure.

Return/drawdown alternative: Supertrend — CAGR is 6.0%p higher than buy and hold, while drawdown improves by 6.2%p (CAGR 16.6%, MDD -52.2%, exposure 47%).

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=103, exitN=77
18.8%-69.7%0.650.2754.3x1953%
MACD
fast=14, slow=29, signal=17
18.0%-55.2%0.640.3346.0x27850%
Supertrend
period=28, mult=2
16.6%-52.2%0.620.3235.0x25847%
SMA 크로스오버
fast=52, slow=205
17.1%-72.7%0.600.2338.4x1957%
EMA 크로스오버
fast=100, slow=147
15.1%-64.4%0.560.2325.9x1957%
Parabolic SAR
step=0.015, maxStep=0.16
13.6%-56.5%0.540.2419.1x36249%
ROC 모멘텀
n=131, threshold=0.02
12.0%-78.6%0.490.1513.7x13955%
ADX / DI 방향성
period=39, threshold=10
9.9%-67.1%0.450.159.0x19052%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=22, mult=1.1
9.6%-56.5%0.440.178.4x15845%
볼린저 밴드 돌파
n=32, k=2.1
8.1%-55.3%0.420.156.1x13630%
Buy and hold12.9%-75.9%0.500.1716.5x1100%
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% -38% -57% -76% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -69.7% (2015-06-05 → 2019-05-06), recovered after 1,858 days.

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

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