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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Mango Excellent Media Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Mango Excellent Media Co., Ltd. Class A. 7 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 8.2%, MDD -26.3%).

Data 2015-01-21 ~ 2026-07-31daily bars 2,799 (11.5 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 6.8%, drawdown -84.4%).

Sharpe leader (same as main): MACD — CAGR 21.1%, MDD -56.5%, Sharpe 0.71, 52% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 14.4%p higher than buy and hold, while drawdown improves by 27.9%p (CAGR 8.2%, MDD -26.3%, exposure 9%).

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
MACD
fast=17, slow=36, signal=17
21.1%-56.5%0.710.379.1x9352%
볼린저 밴드 돌파
n=27, k=2.8
15.1%-35.7%0.700.425.0x3417%
Supertrend
period=7, mult=3.3
19.2%-48.6%0.660.407.6x5246%
Parabolic SAR
step=0.015, maxStep=0.18
18.0%-57.6%0.630.316.7x18143%
Keltner 채널 돌파
emaPeriod=21, atrPeriod=12, mult=3.4
8.2%-26.3%0.500.312.5x209%
Donchian 채널 돌파
entryN=18, exitN=15
11.2%-59.9%0.480.193.4x6346%
ADX / DI 방향성
period=19, threshold=14
9.9%-59.9%0.450.163.0x12340%
ROC 모멘텀
n=148, threshold=-0.02
5.6%-61.3%0.340.091.9x7243%
SMA 크로스오버
fast=1, slow=181
4.4%-60.0%0.300.071.6x6040%
EMA 크로스오버
fast=1, slow=175
2.1%-73.1%0.230.031.3x7841%
Buy and hold6.8%-84.4%0.390.082.1x1100%
1x 10x 2016 2018 2020 2022 2024 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -42% -63% -84% 2016 2018 2020 2022 2024 2026 Buy and holdMACD
MACD maximum drawdown -56.5% (2015-06-03 → 2015-08-26), recovered after 156 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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