Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Kunshan Kinglai Hygienic Materials Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Kunshan Kinglai Hygienic Materials Co., Ltd. Class A. 4 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 19.9%, MDD -47.6%).

Data 2011-09-06 ~ 2026-07-31daily bars 3,615 (14.9 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 13.2%, drawdown -73.0%).

Sharpe leader (same as main): Supertrend — CAGR 19.9%, MDD -47.6%, Sharpe 0.64, 47% exposure.

Return/drawdown alternative: Supertrend — CAGR is 6.7%p higher than buy and hold, while drawdown improves by 25.4%p (CAGR 19.9%, MDD -47.6%, exposure 47%).

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=22, mult=2.3
19.9%-47.6%0.640.4214.9x12847%
MACD
fast=11, slow=46, signal=19
15.8%-58.4%0.560.278.9x17453%
Donchian 채널 돌파
entryN=7, exitN=61
15.6%-70.6%0.550.228.7x5286%
Parabolic SAR
step=0.005, maxStep=0.16
13.3%-56.5%0.510.246.4x11450%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=23, mult=1.1
11.9%-47.8%0.480.255.3x16237%
ADX / DI 방향성
period=25, threshold=7
11.7%-58.8%0.480.205.2x16659%
SMA 크로스오버
fast=8, slow=98
10.1%-75.6%0.450.134.2x5854%
EMA 크로스오버
fast=56, slow=178
9.0%-84.5%0.430.113.6x1959%
볼린저 밴드 돌파
n=21, k=1.8
8.7%-51.1%0.410.173.5x14036%
ROC 모멘텀
n=22, threshold=0.08
5.1%-64.6%0.330.082.1x28435%
Buy and hold13.2%-73.0%0.510.186.3x1100%
1x 10x 2012 2014 2016 2018 2020 2022 2024 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -55% -73% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdSupertrend
Supertrend maximum drawdown -47.6% (2018-08-01 → 2019-12-23), recovered after 708 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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