Trend-Following Backtester · Guide · backtest 한국어

equity · CN

L&K Engineering (Suzhou) Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of L&K Engineering (Suzhou) Co. Ltd. Class A. 0 beat buy-and-hold CAGR; Parabolic SAR ranks first by Sharpe, matching the main backtester.

Data 2017-01-03 ~ 2026-07-31daily bars 2,323 (9.6 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 36.0%, drawdown -75.8%).

Sharpe leader (same as main): Parabolic SAR — CAGR 33.3%, MDD -62.2%, Sharpe 0.90, 50% 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
Parabolic SAR
step=0.005, maxStep=0.38
33.3%-62.2%0.900.5415.7x7450%
MACD
fast=9, slow=51, signal=16
22.2%-66.2%0.710.346.8x11248%
SMA 크로스오버
fast=51, slow=272
21.7%-57.4%0.700.386.6x750%
Supertrend
period=8, mult=3.2
22.9%-84.7%0.700.277.2x5855%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=9, mult=2.1
17.7%-60.8%0.680.294.8x4821%
EMA 크로스오버
fast=58, slow=278
18.4%-66.7%0.630.285.0x949%
ROC 모멘텀
n=4, threshold=0.13
11.4%-39.4%0.590.292.8x966%
ADX / DI 방향성
period=8, threshold=22
15.1%-72.2%0.550.213.8x18648%
볼린저 밴드 돌파
n=28, k=3
12.4%-42.9%0.550.293.1x3620%
Donchian 채널 돌파
entryN=76, exitN=91
9.5%-74.3%0.430.132.4x1360%
Buy and hold36.0%-75.8%0.840.4718.9x1100%
1x 10x 2018 2020 2022 2024 2026 Parabolic SARBuy and hold
Parabolic SAR: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -76% 2018 2020 2022 2024 2026 Buy and holdParabolic SAR
Parabolic SAR maximum drawdown -62.2% (2017-11-13 → 2022-05-24), recovered after 2,355 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 setupAll asset reports

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