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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Zhejiang Dahua Technology Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Zhejiang Dahua Technology Co. Ltd. Class A. 0 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 17.1%, MDD -49.7%).

Data 2008-05-08 ~ 2026-07-31daily bars 4,431 (18.2 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 19.9%, drawdown -63.4%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 17.1%, MDD -49.7%, Sharpe 0.65, 61% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 17.2%, MDD -51.2%, exposure 77%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 2.8%p lower than buy and hold, while drawdown improves by 13.7%p (CAGR 17.1%, MDD -49.7%, exposure 61%).

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
SMA 크로스오버
fast=52, slow=198
17.1%-49.7%0.650.3417.8x2261%
EMA 크로스오버
fast=42, slow=149
16.7%-58.4%0.630.2916.7x2662%
Donchian 채널 돌파
entryN=34, exitN=99
17.2%-51.2%0.620.3418.2x2677%
Supertrend
period=22, mult=4.5
13.1%-44.0%0.560.309.4x5453%
볼린저 밴드 돌파
n=57, k=0.7
12.3%-45.2%0.550.278.2x11246%
ADX / DI 방향성
period=37, threshold=8
12.0%-53.0%0.520.237.9x19056%
Parabolic SAR
step=0.005, maxStep=0.28
12.1%-55.4%0.500.228.1x14552%
Keltner 채널 돌파
emaPeriod=55, atrPeriod=23, mult=1.4
10.0%-54.6%0.480.185.7x11043%
ROC 모멘텀
n=93, threshold=0.04
10.2%-72.3%0.480.145.9x17851%
MACD
fast=23, slow=49, signal=24
9.5%-62.0%0.450.155.2x13952%
Buy and hold19.9%-63.4%0.630.3127.5x1100%
1x 10x 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파SMA 크로스오버Buy and hold
SMA 크로스오버 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -16% -32% -48% -63% 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파SMA 크로스오버
SMA 크로스오버 maximum drawdown -49.7% (2020-02-24 → 2026-03-23), prior peak not yet recovered.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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.
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