Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Talkweb Information System Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Talkweb Information System Co. Ltd. Class A. 9 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 9.8%, MDD -16.0%).

Data 2008-07-14 ~ 2026-07-31daily bars 4,385 (18.0 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 8.8%, drawdown -89.7%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 9.8%, MDD -16.0%, Sharpe 0.80, 2% exposure.

CAGR reference leader: 볼린저 밴드 돌파 — CAGR 17.2%, MDD -62.8%, exposure 21%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 1.1%p higher than buy and hold, while drawdown improves by 73.7%p (CAGR 9.8%, MDD -16.0%, exposure 2%).

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
Keltner 채널 돌파
emaPeriod=8, atrPeriod=14, mult=3.5
9.8%-16.0%0.800.615.4x82%
볼린저 밴드 돌파
n=17, k=2.3
17.2%-62.8%0.670.2717.4x12821%
Donchian 채널 돌파
entryN=88, exitN=1
10.9%-44.0%0.670.256.5x785%
MACD
fast=19, slow=57, signal=11
16.9%-81.5%0.590.2116.8x20848%
Parabolic SAR
step=0.015, maxStep=0.16
16.0%-81.4%0.580.2014.5x26645%
ROC 모멘텀
n=149, threshold=-0.02
14.1%-69.6%0.530.2010.9x11854%
Supertrend
period=33, mult=1.5
13.6%-67.2%0.530.209.9x30444%
SMA 크로스오버
fast=71, slow=159
12.9%-71.0%0.500.189.0x2649%
ADX / DI 방향성
period=6, threshold=31
11.7%-72.2%0.490.167.4x35432%
EMA 크로스오버
fast=14, slow=188
7.1%-78.3%0.390.093.5x4249%
Buy and hold8.8%-89.7%0.450.104.6x1100%
1x 10x 2009 2012 2015 2018 2021 2024 볼린저 밴드 돌파Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), 볼린저 밴드 돌파 (CAGR reference), Buy and hold.
0% -22% -45% -67% -90% 2009 2012 2015 2018 2021 2024 Buy and hold볼린저 밴드 돌파Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -16.0% (2025-02-21 → 2025-02-28), prior peak not yet recovered.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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

Read next