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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Anhui Zhongding Sealing Parts Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Anhui Zhongding Sealing Parts Co., Ltd. Class A. 8 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 12.3%, MDD -64.1%).

Data 1998-12-03 ~ 2026-07-31daily bars 6,846 (27.7 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 8.5%, drawdown -94.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 15.4%, MDD -73.7%, Sharpe 0.53, 65% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 6.8%p higher than buy and hold, while drawdown improves by 20.3%p (CAGR 12.3%, MDD -64.1%, exposure 31%).

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=36, exitN=70
15.4%-73.7%0.530.2152.0x5865%
SMA 크로스오버
fast=28, slow=170
14.7%-72.0%0.530.2044.5x4850%
EMA 크로스오버
fast=16, slow=70
14.8%-73.3%0.520.2045.1x9651%
Supertrend
period=16, mult=4.5
13.3%-80.3%0.490.1732.0x9457%
ROC 모멘텀
n=143, threshold=0.22
12.3%-64.1%0.480.1924.9x14231%
볼린저 밴드 돌파
n=36, k=0.9
12.1%-65.6%0.470.1823.3x24042%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=14, mult=1.2
8.9%-73.3%0.390.1210.5x18841%
ADX / DI 방향성
period=29, threshold=11
8.7%-78.1%0.380.1110.0x27647%
MACD
fast=16, slow=73, signal=19
5.7%-76.2%0.340.074.6x27251%
Parabolic SAR
step=0.005, maxStep=0.28
3.0%-83.3%0.240.042.3x22449%
Buy and hold8.5%-94.0%0.390.099.6x1100%
1x 10x 100x 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% -23% -47% -70% -94% 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -73.7% (1999-12-01 → 2005-10-28), recovered after 2,533 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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