Trend-Following Backtester · Guide · backtest 한국어

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Aluminum Corporation of China Limited Class A backtest

10 trend-following strategies were compared on the full daily history of Aluminum Corporation of China Limited Class A. 10 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 10.1%, MDD -53.5%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,563 (26.6 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 0.9%, drawdown -95.2%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 15.7%, MDD -61.6%, Sharpe 0.66, 34% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 14.8%p higher than buy and hold, while drawdown improves by 33.6%p (CAGR 10.1%, MDD -53.5%, exposure 27%).

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=53, atrPeriod=19, mult=1.8
15.7%-61.6%0.660.2548.1x11234%
Supertrend
period=22, mult=4.7
14.8%-64.3%0.600.2338.7x7846%
볼린저 밴드 돌파
n=57, k=1.4
13.9%-60.2%0.600.2331.5x10237%
SMA 크로스오버
fast=7, slow=51
14.4%-63.3%0.600.2335.5x14846%
EMA 크로스오버
fast=11, slow=31
12.2%-69.4%0.530.1821.5x16647%
Donchian 채널 돌파
entryN=93, exitN=26
10.1%-53.5%0.500.1913.0x5427%
ADX / DI 방향성
period=33, threshold=15
10.6%-64.1%0.500.1714.6x13238%
ROC 모멘텀
n=38, threshold=-0.01
9.7%-71.2%0.450.1411.8x34650%
Parabolic SAR
step=0.01, maxStep=0.1
7.7%-81.8%0.400.097.1x30747%
MACD
fast=14, slow=25, signal=9
7.6%-68.7%0.390.117.1x42151%
Buy and hold0.9%-95.2%0.240.011.3x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -71% -95% 2001 2005 2009 2013 2017 2021 2025 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -61.6% (2009-08-05 → 2013-09-17), recovered after 2,091 days.

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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