Trend-Following Backtester · Guide · backtest 한국어

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Sungrow Power Supply Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Sungrow Power Supply 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 Donchian 채널 돌파 (CAGR 31.0%, MDD -41.5%).

Data 2011-11-02 ~ 2026-07-31daily bars 3,580 (14.7 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 25.0%, drawdown -81.3%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 32.7%, MDD -44.3%, Sharpe 1.04, 23% exposure.

CAGR reference leader: Supertrend — CAGR 37.0%, MDD -58.1%, exposure 48%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 7.7%p higher than buy and hold, while drawdown improves by 36.9%p (CAGR 31.0%, MDD -41.5%, exposure 27%).

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=51, atrPeriod=8, mult=3.5
32.7%-44.3%1.040.7464.5x2223%
ADX / DI 방향성
period=21, threshold=30
28.1%-49.4%0.980.5738.4x2417%
Supertrend
period=34, mult=4.7
37.0%-58.1%0.970.64103.3x4048%
볼린저 밴드 돌파
n=48, k=2.8
28.4%-59.9%0.950.4740.1x2422%
Donchian 채널 돌파
entryN=79, exitN=19
31.0%-41.5%0.950.7553.4x3227%
SMA 크로스오버
fast=47, slow=53
34.7%-64.1%0.910.5480.6x10652%
ROC 모멘텀
n=63, threshold=0.05
32.2%-59.4%0.890.5461.0x13646%
MACD
fast=8, slow=56, signal=26
31.2%-60.5%0.870.5255.1x16653%
EMA 크로스오버
fast=13, slow=21
32.0%-68.8%0.870.4659.6x10853%
Parabolic SAR
step=0.005, maxStep=0.38
22.0%-57.2%0.690.3818.7x12050%
Buy and hold25.0%-81.3%0.690.3126.9x1100%
1x 10x 100x 2012 2014 2016 2018 2020 2022 2024 2026 SupertrendKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -20% -41% -61% -81% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdSupertrendKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -44.3% (2021-07-30 → 2025-07-31), recovered after 1,498 days.

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

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