Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Huaan Securities Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Huaan Securities Co., Ltd. Class A. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 4.1%, MDD -23.8%).

Data 2016-12-07 ~ 2026-07-31daily bars 2,341 (9.6 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -1.9%, drawdown -72.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 6.2%, MDD -25.3%, Sharpe 0.49, 6% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 8.1%p higher than buy and hold, while drawdown improves by 47.0%p (CAGR 4.1%, MDD -23.8%, exposure 7%).

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
볼린저 밴드 돌파
n=22, k=3.5
6.2%-25.3%0.490.241.8x126%
Keltner 채널 돌파
emaPeriod=21, atrPeriod=14, mult=3.9
4.1%-23.8%0.340.171.5x147%
ROC 모멘텀
n=130, threshold=0.04
-0.3%-46.8%0.13-0.011.0x5735%
Parabolic SAR
step=0.015, maxStep=0.32
-0.6%-59.0%0.11-0.010.9x14845%
Supertrend
period=29, mult=2.2
-0.4%-69.3%0.11-0.011.0x9241%
MACD
fast=6, slow=31, signal=9
-1.2%-64.5%0.09-0.020.9x21250%
Donchian 채널 돌파
entryN=111, exitN=37
-0.6%-39.3%0.08-0.020.9x1118%
ADX / DI 방향성
period=8, threshold=35
-1.7%-44.9%0.03-0.040.8x9623%
SMA 크로스오버
fast=42, slow=83
-3.3%-48.7%0.00-0.070.7x3941%
EMA 크로스오버
fast=25, slow=107
-5.3%-56.8%-0.07-0.090.6x2540%
Buy and hold-1.9%-72.3%0.13-0.030.8x1100%
1x 2017 2019 2021 2023 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -72% 2017 2019 2021 2023 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -25.3% (2026-07-01 → 2026-07-09), prior peak not yet recovered.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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