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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Feilong Auto Components Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Feilong Auto Components Co., Ltd. Class A. 5 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 10.3%, MDD -36.4%).

Data 2011-01-11 ~ 2026-07-31daily bars 3,775 (15.6 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 9.3%, drawdown -76.2%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 10.3%, MDD -36.4%, Sharpe 0.54, 13% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 12.1%, MDD -73.6%, exposure 63%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.0%p higher than buy and hold, while drawdown improves by 39.8%p (CAGR 10.3%, MDD -36.4%, exposure 13%).

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
볼린저 밴드 돌파
n=27, k=3
10.3%-36.4%0.540.284.6x3813%
Donchian 채널 돌파
entryN=46, exitN=93
12.1%-73.6%0.490.165.9x1963%
SMA 크로스오버
fast=19, slow=150
10.1%-71.3%0.450.144.5x3550%
ADX / DI 방향성
period=10, threshold=38
8.0%-40.1%0.440.203.3x7816%
MACD
fast=12, slow=50, signal=9
9.6%-61.2%0.440.164.2x24251%
EMA 크로스오버
fast=51, slow=204
9.6%-74.5%0.440.134.1x1549%
ROC 모멘텀
n=145, threshold=-0.04
9.2%-75.8%0.430.123.9x13959%
Supertrend
period=8, mult=1.6
8.6%-68.2%0.410.133.6x24449%
Keltner 채널 돌파
emaPeriod=49, atrPeriod=10, mult=3.4
7.1%-45.5%0.400.162.9x3418%
Parabolic SAR
step=0.015, maxStep=0.22
6.3%-66.9%0.350.092.6x25246%
Buy and hold9.3%-76.2%0.440.124.0x1100%
1x 2012 2014 2016 2018 2020 2022 2024 2026 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -19% -38% -57% -76% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -36.4% (2015-12-07 → 2019-12-27), recovered after 2,002 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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