Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Joinn Laboratories (China) Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Joinn Laboratories (China) Co., Ltd. Class A. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester.

Data 2017-08-25 ~ 2026-07-31daily bars 2,165 (8.9 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 37.6%, drawdown -86.0%).

Sharpe leader (same as main): Supertrend — CAGR 36.5%, MDD -69.5%, Sharpe 1.00, 49% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
Supertrend
period=6, mult=1.7
36.5%-69.5%1.000.5316.1x11649%
Keltner 채널 돌파
emaPeriod=24, atrPeriod=17, mult=1
25.1%-45.7%0.830.557.4x8640%
Parabolic SAR
step=0.01, maxStep=0.3
26.9%-73.2%0.820.378.4x12649%
ROC 모멘텀
n=125, threshold=0
27.0%-49.7%0.800.548.4x2858%
MACD
fast=16, slow=56, signal=12
24.8%-59.8%0.790.427.3x9048%
EMA 크로스오버
fast=52, slow=113
25.0%-68.9%0.750.367.3x1359%
SMA 크로스오버
fast=41, slow=197
24.0%-64.6%0.750.376.8x955%
Donchian 채널 돌파
entryN=65, exitN=84
22.3%-60.6%0.700.376.0x961%
볼린저 밴드 돌파
n=18, k=2.3
13.9%-63.9%0.600.223.2x6426%
ADX / DI 방향성
period=12, threshold=18
11.8%-74.6%0.490.162.7x15046%
Buy and hold37.6%-86.0%0.880.4417.3x1100%
1x 10x 2018 2020 2022 2024 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 2018 2020 2022 2024 2026 Buy and holdSupertrend
Supertrend maximum drawdown -69.5% (2021-08-04 → 2024-07-24), recovered after 1,617 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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