Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 15.6%, MDD -59.7%).

Data 2005-06-07 ~ 2026-07-31daily bars 5,148 (21.1 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 20.4%, drawdown -74.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 22.9%, MDD -60.6%, Sharpe 0.74, 72% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 2.5%p higher than buy and hold, while drawdown improves by 14.3%p (CAGR 15.6%, MDD -59.7%, exposure 65%).

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=54, exitN=100
22.9%-60.6%0.740.3878.8x2072%
Supertrend
period=9, mult=4.4
19.4%-61.6%0.680.3142.4x6066%
SMA 크로스오버
fast=52, slow=93
16.6%-62.4%0.620.2725.5x5858%
ROC 모멘텀
n=107, threshold=-0.03
15.6%-59.7%0.590.2621.6x14265%
EMA 크로스오버
fast=23, slow=141
14.8%-61.2%0.570.2418.5x4663%
Keltner 채널 돌파
emaPeriod=29, atrPeriod=29, mult=3.6
8.6%-37.4%0.510.235.8x4414%
MACD
fast=10, slow=59, signal=19
11.6%-61.3%0.510.1910.2x24850%
볼린저 밴드 돌파
n=56, k=1.8
10.0%-59.2%0.470.177.5x9438%
ADX / DI 방향성
period=31, threshold=18
9.2%-49.6%0.470.196.4x7627%
Parabolic SAR
step=0.01, maxStep=0.18
10.1%-60.2%0.460.177.6x25453%
Buy and hold20.4%-74.8%0.650.2750.8x1100%
1x 10x 100x 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -75% 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -60.6% (2015-06-04 → 2016-04-21), recovered after 874 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 setupAll asset reports

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