Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Bank of Beijing Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Bank of Beijing Co., Ltd. Class A. 9 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.7%, MDD -29.9%).

Data 2007-09-19 ~ 2026-07-31daily bars 4,582 (18.9 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -2.9%, drawdown -72.8%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 4.0%, MDD -33.6%, Sharpe 0.36, 18% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 6.9%p higher than buy and hold, while drawdown improves by 39.2%p (CAGR 2.7%, MDD -29.9%, exposure 9%).

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
Keltner 채널 돌파
emaPeriod=73, atrPeriod=19, mult=3.7
4.0%-33.6%0.360.122.1x2818%
ADX / DI 방향성
period=38, threshold=23
2.7%-29.9%0.300.091.7x209%
EMA 크로스오버
fast=55, slow=207
3.0%-44.7%0.260.071.7x1436%
SMA 크로스오버
fast=46, slow=198
2.7%-44.3%0.240.061.7x2240%
Supertrend
period=44, mult=4.8
2.5%-54.3%0.230.051.6x4845%
볼린저 밴드 돌파
n=51, k=2.3
2.3%-45.1%0.230.051.5x5624%
ROC 모멘텀
n=84, threshold=0.13
2.1%-47.9%0.220.041.5x7816%
Donchian 채널 돌파
entryN=71, exitN=63
2.2%-52.9%0.210.041.5x3048%
MACD
fast=16, slow=49, signal=12
-2.6%-54.2%-0.04-0.050.6x22352%
Parabolic SAR
step=0.005, maxStep=0.32
-3.7%-55.4%-0.10-0.070.5x14148%
Buy and hold-2.9%-72.8%0.04-0.040.6x1100%
1x 2008 2011 2014 2017 2020 2023 2026 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -55% -73% 2008 2011 2014 2017 2020 2023 2026 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -33.6% (2015-06-08 → 2025-07-28), prior peak not yet recovered.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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