Trend-Following Backtester · Guide · backtest 한국어

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Chifeng Jilong Gold Mining Group Limited Class A backtest

10 trend-following strategies were compared on the full daily history of Chifeng Jilong Gold Mining Group Limited Class A. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 11.7%, MDD -23.5%).

Data 2004-04-14 ~ 2026-07-31daily bars 5,447 (22.3 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 10.7%, drawdown -81.8%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 11.7%, MDD -23.5%, Sharpe 1.01, 3% exposure.

CAGR reference leader: MACD — CAGR 17.2%, MDD -55.7%, exposure 52%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.0%p higher than buy and hold, while drawdown improves by 58.3%p (CAGR 11.7%, MDD -23.5%, exposure 3%).

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=16, k=3.4
11.7%-23.5%1.010.5011.8x143%
Keltner 채널 돌파
emaPeriod=17, atrPeriod=10, mult=4
12.0%-30.8%0.800.3912.5x246%
Donchian 채널 돌파
entryN=104, exitN=7
13.0%-36.3%0.670.3615.3x5813%
MACD
fast=23, slow=53, signal=6
17.2%-55.7%0.640.3134.6x30152%
Supertrend
period=14, mult=2.9
14.1%-76.9%0.560.1818.9x16949%
ADX / DI 방향성
period=10, threshold=21
13.1%-53.3%0.540.2515.5x34141%
ROC 모멘텀
n=127, threshold=0.13
12.8%-63.2%0.540.2014.6x13038%
Parabolic SAR
step=0.01, maxStep=0.22
13.0%-57.9%0.540.2315.4x25746%
SMA 크로스오버
fast=38, slow=157
12.1%-62.1%0.510.2012.8x4049%
EMA 크로스오버
fast=6, slow=91
10.8%-65.9%0.470.169.9x11547%
Buy and hold10.7%-81.8%0.460.139.7x1100%
1x 10x 2005 2008 2011 2014 2017 2020 2023 2026 MACD볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -20% -41% -61% -82% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and holdMACD볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -23.5% (2016-01-11 → 2016-01-18), 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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