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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Dazhong Mining Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Dazhong Mining Co., Ltd. Class A. 9 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 29.8%, MDD -26.6%).

Data 2021-05-10 ~ 2026-07-31daily bars 1,270 (5.2 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 14.1%, drawdown -73.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 35.9%, MDD -26.6%, Sharpe 1.12, 29% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 21.8%p higher than buy and hold, while drawdown improves by 47.3%p (CAGR 29.8%, MDD -26.6%, exposure 29%).

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=48, exitN=21
35.9%-26.6%1.121.355.0x829%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=22, mult=2.2
33.7%-34.0%1.070.994.6x828%
Supertrend
period=37, mult=4.2
29.9%-34.3%0.980.873.9x1433%
볼린저 밴드 돌파
n=31, k=2.4
25.7%-32.3%0.970.803.3x1421%
SMA 크로스오버
fast=17, slow=92
29.9%-34.7%0.970.863.9x1033%
ADX / DI 방향성
period=24, threshold=23
29.8%-26.6%0.961.123.9x1429%
EMA 크로스오버
fast=10, slow=106
26.3%-39.1%0.880.673.4x1234%
ROC 모멘텀
n=118, threshold=0.1
25.2%-43.1%0.870.593.2x1229%
Parabolic SAR
step=0.015, maxStep=0.22
19.5%-61.7%0.690.322.5x8345%
MACD
fast=10, slow=42, signal=12
9.5%-51.1%0.450.191.6x7350%
Buy and hold14.1%-73.9%0.520.192.0x1100%
1x 2022 2023 2024 2025 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% 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -26.6% (2025-11-20 → 2025-12-05), recovered after 96 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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