SleepWell Trade

Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Quectel Wireless Solutions Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Quectel Wireless Solutions Co. Ltd. Class A. 1 beat buy-and-hold CAGR; Parabolic SAR ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Parabolic SAR (CAGR 20.5%, MDD -44.8%).

Data 2019-07-16 ~ 2026-07-31daily bars 1,709 (7.0 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 15.9%, drawdown -73.9%).

Sharpe leader (same as main): Parabolic SAR — CAGR 20.5%, MDD -44.8%, Sharpe 0.70, 50% exposure.

Return/drawdown alternative: Parabolic SAR — CAGR is 4.5%p higher than buy and hold, while drawdown improves by 29.1%p (CAGR 20.5%, MDD -44.8%, exposure 50%).

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
Parabolic SAR
step=0.03, maxStep=0.32
20.5%-44.8%0.700.463.7x19050%
Donchian 채널 돌파
entryN=2, exitN=43
13.9%-56.9%0.520.242.5x4989%
ADX / DI 방향성
period=8, threshold=37
7.1%-43.3%0.410.161.6x6620%
볼린저 밴드 돌파
n=30, k=3.4
4.6%-23.7%0.370.201.4x67%
ROC 모멘텀
n=105, threshold=0
2.2%-70.6%0.250.031.2x6649%
Keltner 채널 돌파
emaPeriod=33, atrPeriod=16, mult=1.8
2.2%-36.4%0.230.061.2x4630%
MACD
fast=17, slow=35, signal=22
1.4%-54.0%0.220.031.1x7052%
Supertrend
period=17, mult=3
1.0%-54.3%0.220.021.1x5153%
EMA 크로스오버
fast=31, slow=183
0.7%-66.0%0.200.011.1x1250%
SMA 크로스오버
fast=26, slow=212
-2.4%-63.3%0.10-0.040.8x1848%
Buy and hold15.9%-73.9%0.550.222.8x1100%
1x 2020 2021 2022 2023 2024 2025 2026 Parabolic SARBuy and hold
Parabolic SAR: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -37% -55% -74% 2020 2021 2022 2023 2024 2025 2026 Buy and holdParabolic SAR
Parabolic SAR maximum drawdown -44.8% (2021-08-25 → 2024-04-30), recovered after 1,463 days.

Rules of the top strategy

Trades around the Parabolic SAR dots that accelerate toward 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 setupMore CN assetsAll asset reports

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