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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Soochow Securities Co Ltd Class A backtest

10 trend-following strategies were compared on the full daily history of Soochow 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 볼린저 밴드 돌파 (CAGR 8.1%, MDD -22.5%).

Data 2011-12-12 ~ 2026-07-31daily bars 3,552 (14.6 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 1.4%, drawdown -82.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 8.1%, MDD -22.5%, Sharpe 0.52, 9% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 6.7%p higher than buy and hold, while drawdown improves by 60.2%p (CAGR 8.1%, MDD -22.5%, 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
볼린저 밴드 돌파
n=51, k=3.3
8.1%-22.5%0.520.363.1x129%
ADX / DI 방향성
period=39, threshold=24
7.1%-42.2%0.470.172.7x1814%
Keltner 채널 돌파
emaPeriod=35, atrPeriod=18, mult=3.3
5.4%-38.9%0.370.142.2x2613%
Supertrend
period=14, mult=2.3
5.9%-55.0%0.350.112.3x11949%
MACD
fast=14, slow=31, signal=14
5.8%-48.7%0.350.122.3x17950%
ROC 모멘텀
n=13, threshold=0.08
4.7%-33.6%0.330.141.9x17815%
Donchian 채널 돌파
entryN=53, exitN=36
3.6%-47.6%0.270.081.7x2829%
SMA 크로스오버
fast=50, slow=99
2.0%-62.6%0.210.031.3x3642%
Parabolic SAR
step=0.01, maxStep=0.2
-0.5%-54.1%0.12-0.010.9x17645%
EMA 크로스오버
fast=40, slow=72
-1.4%-78.6%0.09-0.020.8x4243%
Buy and hold1.4%-82.7%0.240.021.2x1100%
1x 2012 2014 2016 2018 2020 2022 2024 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -83% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -22.5% (2014-12-08 → 2015-01-20), recovered after 1,577 days.

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 setupMore CN assetsAll asset reports

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