Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Huafon Chemical Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Huafon Chemical Co., Ltd. Class A. 5 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 20.5%, MDD -48.8%).

Data 2006-08-23 ~ 2026-07-31daily bars 4,846 (19.9 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 13.5%, drawdown -86.4%).

Sharpe leader (same as main): Supertrend — CAGR 20.5%, MDD -48.8%, Sharpe 0.76, 51% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 20.8%, MDD -64.2%, exposure 59%.

Return/drawdown alternative: Supertrend — CAGR is 7.1%p higher than buy and hold, while drawdown improves by 37.7%p (CAGR 20.5%, MDD -48.8%, exposure 51%).

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=25, mult=4.4
20.5%-48.8%0.760.4241.2x5651%
ADX / DI 방향성
period=38, threshold=39
8.1%-20.2%0.750.404.7x43%
Donchian 채널 돌파
entryN=35, exitN=51
20.8%-64.2%0.720.3243.5x4659%
Keltner 채널 돌파
emaPeriod=70, atrPeriod=25, mult=2.5
15.0%-49.6%0.640.3016.2x5833%
SMA 크로스오버
fast=55, slow=90
16.7%-61.6%0.630.2721.6x5452%
볼린저 밴드 돌파
n=54, k=3
12.6%-53.0%0.630.2410.7x3822%
EMA 크로스오버
fast=52, slow=60
16.1%-57.7%0.610.2819.5x4653%
ROC 모멘텀
n=92, threshold=0.13
11.3%-70.1%0.510.168.5x17032%
MACD
fast=19, slow=26, signal=11
9.2%-66.3%0.440.145.8x28753%
Parabolic SAR
step=0.03, maxStep=0.08
5.3%-68.2%0.330.082.8x37349%
Buy and hold13.5%-86.4%0.510.1612.4x1100%
1x 10x 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파SupertrendBuy and hold
Supertrend (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -22% -43% -65% -86% 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파Supertrend
Supertrend maximum drawdown -48.8% (2021-02-23 → 2024-03-28), recovered after 1,794 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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