Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Advanced Micro-Fabrication Equipment Inc. China Class A backtest

10 trend-following strategies were compared on the full daily history of Advanced Micro-Fabrication Equipment Inc. China Class A. 2 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 43.0%, MDD -42.3%).

Data 2019-07-22 ~ 2026-07-31daily bars 1,705 (7.0 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 29.9%, drawdown -71.9%).

Sharpe leader (same as main): MACD — CAGR 44.2%, MDD -48.2%, Sharpe 1.06, 48% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 14.2%p higher than buy and hold, while drawdown improves by 23.7%p (CAGR 43.0%, MDD -42.3%, exposure 51%).

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
MACD
fast=10, slow=55, signal=11
44.2%-48.2%1.060.9213.1x8648%
SMA 크로스오버
fast=20, slow=32
43.0%-42.3%1.021.0212.3x5451%
Donchian 채널 돌파
entryN=46, exitN=36
28.5%-44.2%0.780.655.8x1744%
ROC 모멘텀
n=37, threshold=-0.03
26.3%-54.4%0.730.485.2x8957%
Supertrend
period=16, mult=4
25.1%-47.9%0.720.524.8x2656%
볼린저 밴드 돌파
n=48, k=1.3
23.6%-55.3%0.720.434.4x4240%
Keltner 채널 돌파
emaPeriod=49, atrPeriod=17, mult=2.5
22.0%-41.1%0.700.544.1x3032%
EMA 크로스오버
fast=14, slow=21
22.4%-62.2%0.680.364.1x5450%
ADX / DI 방향성
period=38, threshold=16
16.3%-54.6%0.570.302.9x1939%
Parabolic SAR
step=0.02, maxStep=0.26
16.0%-68.1%0.570.242.8x15248%
Buy and hold29.9%-71.9%0.750.426.3x1100%
1x 10x 2020 2021 2022 2023 2024 2025 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -72% 2020 2021 2022 2023 2024 2025 2026 Buy and holdMACD
MACD maximum drawdown -48.2% (2020-07-14 → 2021-01-07), recovered after 993 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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