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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A. 0 beat buy-and-hold CAGR; Parabolic SAR ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Parabolic SAR (CAGR 8.0%, MDD -53.2%).

Data 2017-01-20 ~ 2026-07-31daily bars 2,310 (9.5 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.5%, drawdown -81.8%).

Sharpe leader (same as main): Parabolic SAR — CAGR 8.0%, MDD -53.2%, Sharpe 0.42, 46% exposure.

Return/drawdown alternative: Parabolic SAR — CAGR is 1.5%p lower than buy and hold, while drawdown improves by 28.6%p (CAGR 8.0%, MDD -53.2%, exposure 46%).

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
Parabolic SAR
step=0.025, maxStep=0.12
8.0%-53.2%0.420.152.1x20046%
ADX / DI 방향성
period=37, threshold=36
0.4%-0.5%0.400.761.0x20%
Donchian 채널 돌파
entryN=35, exitN=73
6.4%-44.4%0.360.141.8x1366%
Keltner 채널 돌파
emaPeriod=14, atrPeriod=18, mult=1.9
3.5%-39.9%0.290.091.4x5216%
ROC 모멘텀
n=132, threshold=-0.06
3.5%-64.6%0.270.051.4x6559%
EMA 크로스오버
fast=48, slow=119
1.9%-54.5%0.210.031.2x1352%
Supertrend
period=18, mult=1.6
0.7%-61.3%0.160.011.1x14043%
SMA 크로스오버
fast=29, slow=227
0.5%-59.1%0.150.011.1x1748%
MACD
fast=15, slow=43, signal=6
0.1%-58.0%0.130.001.0x15448%
볼린저 밴드 돌파
n=47, k=2.3
-0.5%-37.9%0.08-0.011.0x3325%
Buy and hold9.5%-81.8%0.440.122.4x1100%
1x 2018 2020 2022 2024 2026 Parabolic SARBuy and hold
Parabolic SAR: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -82% 2018 2020 2022 2024 2026 Buy and holdParabolic SAR
Parabolic SAR maximum drawdown -53.2% (2021-02-10 → 2024-08-28), prior peak not yet recovered.

Rules of the top strategy

Trades around the Parabolic SAR dots that accelerate toward 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 setupMore CN assetsAll asset reports

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