Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Shenzhen Kaifa Technology Co., Ltd Class A backtest

10 trend-following strategies were compared on the full daily history of Shenzhen Kaifa Technology Co., Ltd Class A. 7 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 12.8%, MDD -47.4%).

Data 1994-02-02 ~ 2026-07-31daily bars 8,107 (32.5 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 12.5%, drawdown -86.1%).

Sharpe leader (same as main): Supertrend — CAGR 15.7%, MDD -79.6%, Sharpe 0.57, 43% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 3.2%p higher than buy and hold, while drawdown improves by 6.5%p (CAGR 12.8%, MDD -47.4%, exposure 14%).

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=20, mult=3
15.7%-79.6%0.570.20115.3x20243%
Keltner 채널 돌파
emaPeriod=37, atrPeriod=20, mult=3.8
12.8%-47.4%0.550.2750.1x6414%
Donchian 채널 돌파
entryN=46, exitN=66
15.3%-79.4%0.540.19101.1x6354%
EMA 크로스오버
fast=17, slow=100
14.1%-77.0%0.530.1873.5x8946%
ROC 모멘텀
n=103, threshold=0.01
13.3%-76.7%0.510.1758.1x24547%
볼린저 밴드 돌파
n=48, k=1.9
12.1%-65.9%0.490.1840.5x13630%
SMA 크로스오버
fast=52, slow=103
12.7%-70.0%0.490.1848.0x8347%
ADX / DI 방향성
period=26, threshold=11
12.6%-73.7%0.490.1747.8x34849%
Parabolic SAR
step=0.01, maxStep=0.28
11.6%-85.4%0.470.1434.9x40647%
MACD
fast=17, slow=53, signal=17
7.8%-87.5%0.380.0911.6x36850%
Buy and hold12.5%-86.1%0.480.1546.4x1100%
1x 10x 100x 1995 1999 2003 2007 2011 2015 2019 2023 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -86% 1995 1999 2003 2007 2011 2015 2019 2023 Buy and holdSupertrend
Supertrend maximum drawdown -79.6% (1999-06-30 → 2005-11-04), recovered after 5,525 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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