Trend-Following Backtester · Guide · backtest 한국어

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JCHX MINING MANAGEMENT CO LTD Class A backtest

10 trend-following strategies were compared on the full daily history of JCHX MINING MANAGEMENT CO LTD Class A. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 13.1%, MDD -37.9%).

Data 2015-06-30 ~ 2026-07-31daily bars 2,693 (11.1 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 14.9%, drawdown -73.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 13.1%, MDD -37.9%, Sharpe 0.60, 43% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.8%p lower than buy and hold, while drawdown improves by 35.9%p (CAGR 13.1%, MDD -37.9%, exposure 43%).

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
Donchian 채널 돌파
entryN=113, exitN=62
13.1%-37.9%0.600.343.9x843%
EMA 크로스오버
fast=59, slow=208
12.8%-39.7%0.550.323.8x1150%
SMA 크로스오버
fast=41, slow=204
11.0%-39.9%0.500.283.2x1551%
Supertrend
period=9, mult=3.1
7.3%-67.3%0.390.112.2x5755%
ADX / DI 방향성
period=28, threshold=23
5.8%-30.5%0.380.191.9x2221%
ROC 모멘텀
n=131, threshold=0.01
6.0%-50.0%0.350.121.9x8853%
볼린저 밴드 돌파
n=53, k=1.2
0.4%-54.0%0.160.011.0x7142%
Keltner 채널 돌파
emaPeriod=35, atrPeriod=21, mult=2.2
0.8%-39.0%0.150.021.1x5227%
MACD
fast=18, slow=56, signal=13
-4.6%-67.2%-0.01-0.070.6x14156%
Parabolic SAR
step=0.01, maxStep=0.34
-6.0%-74.9%-0.04-0.080.5x14551%
Buy and hold14.9%-73.9%0.550.204.7x1100%
1x 2016 2018 2020 2022 2024 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -37% -55% -74% 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -37.9% (2021-09-14 → 2022-11-28), recovered after 720 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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