SleepWell Trade

Trend-Following Backtester · Guide · backtest 한국어

equity · CN

CCOOP Group Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of CCOOP Group Co., Ltd. Class A. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 10.7%, MDD -50.6%).

Data 1994-01-10 ~ 2026-07-31daily bars 8,124 (32.6 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -3.3%, drawdown -94.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 11.5%, MDD -62.8%, Sharpe 0.55, 15% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 14.8%p higher than buy and hold, while drawdown improves by 31.7%p (CAGR 10.7%, MDD -50.6%, exposure 16%).

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=108, exitN=14
11.5%-62.8%0.550.1834.3x5215%
볼린저 밴드 돌파
n=56, k=3.2
11.0%-52.1%0.550.2130.0x3411%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=10, mult=4
10.7%-50.6%0.520.2127.6x3616%
Supertrend
period=29, mult=2.4
8.0%-67.6%0.400.1212.1x26641%
ROC 모멘텀
n=50, threshold=0.11
6.5%-71.6%0.360.097.8x28024%
ADX / DI 방향성
period=24, threshold=21
6.2%-68.7%0.350.097.1x12422%
SMA 크로스오버
fast=7, slow=37
5.3%-72.9%0.320.075.4x28043%
EMA 크로스오버
fast=13, slow=45
4.3%-75.8%0.310.063.9x16843%
MACD
fast=23, slow=63, signal=13
4.5%-82.4%0.300.064.2x31551%
Parabolic SAR
step=0.015, maxStep=0.16
1.4%-91.6%0.210.011.6x47945%
Buy and hold-3.3%-94.5%0.19-0.040.3x1100%
1x 10x 1995 1999 2003 2007 2011 2015 2019 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 1995 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -62.8% (2015-08-18 → 2020-05-06), recovered after 2,283 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 setupMore CN assetsAll asset reports

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