Trend-Following Backtester · Guide · backtest 한국어

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Universal Scientific Industrial (Shanghai) Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Universal Scientific Industrial (Shanghai) Co., Ltd. Class A. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 8.8%, MDD -55.6%).

Data 2012-02-20 ~ 2026-07-31daily bars 3,509 (14.4 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.6%, drawdown -69.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.6%, MDD -57.7%, Sharpe 0.43, 70% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 0.0%p lower than buy and hold, while drawdown improves by 11.8%p (CAGR 8.8%, MDD -55.6%, exposure 56%).

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=41, exitN=115
9.6%-57.7%0.430.173.7x2070%
SMA 크로스오버
fast=48, slow=216
8.8%-55.6%0.420.163.4x1356%
EMA 크로스오버
fast=40, slow=240
6.2%-66.0%0.360.092.4x1854%
ROC 모멘텀
n=140, threshold=-0.05
3.9%-80.6%0.300.051.7x13663%
ADX / DI 방향성
period=20, threshold=31
2.0%-36.4%0.210.061.3x187%
Supertrend
period=36, mult=5
1.0%-68.1%0.210.011.2x4655%
Parabolic SAR
step=0.015, maxStep=0.38
0.8%-71.1%0.200.011.1x23450%
볼린저 밴드 돌파
n=11, k=2.8
0.6%-37.0%0.110.021.1x264%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=10, mult=1.4
-2.8%-78.3%0.08-0.040.7x10238%
MACD
fast=6, slow=50, signal=10
-4.0%-78.0%0.06-0.050.6x31250%
Buy and hold9.6%-69.5%0.440.143.8x1100%
1x 2013 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -35% -52% -70% 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -57.7% (2015-06-12 → 2017-04-24), recovered after 1,648 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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