Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Kunlun Tech Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Kunlun Tech Co., Ltd. Class A. 7 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 10.3%, MDD -26.5%).

Data 2015-02-27 ~ 2026-07-31daily bars 2,777 (11.4 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 8.3%, drawdown -80.9%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 12.7%, MDD -39.3%, Sharpe 0.56, 17% exposure.

CAGR reference leader: MACD — CAGR 13.2%, MDD -74.8%, exposure 51%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.4%p higher than buy and hold, while drawdown improves by 41.6%p (CAGR 10.3%, MDD -26.5%, 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
ADX / DI 방향성
period=20, threshold=28
12.7%-39.3%0.560.323.9x2817%
Keltner 채널 돌파
emaPeriod=21, atrPeriod=9, mult=4
10.2%-30.7%0.540.333.0x107%
볼린저 밴드 돌파
n=50, k=3.4
10.3%-26.5%0.510.393.1x109%
MACD
fast=17, slow=92, signal=28
13.2%-74.8%0.500.184.1x8051%
Parabolic SAR
step=0.035, maxStep=0.06
10.1%-68.8%0.440.153.0x17247%
Donchian 채널 돌파
entryN=44, exitN=27
9.8%-57.3%0.440.172.9x3235%
SMA 크로스오버
fast=9, slow=39
9.6%-67.1%0.430.142.8x8846%
Supertrend
period=6, mult=3.1
7.0%-78.2%0.380.092.2x6653%
ROC 모멘텀
n=38, threshold=0.14
4.8%-68.9%0.310.071.7x12822%
EMA 크로스오버
fast=20, slow=121
0.6%-70.6%0.220.011.1x3039%
Buy and hold8.3%-80.9%0.430.102.5x1100%
1x 2016 2018 2020 2022 2024 2026 MACDADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -20% -40% -61% -81% 2016 2018 2020 2022 2024 2026 Buy and holdMACDADX / DI 방향성
ADX / DI 방향성 maximum drawdown -39.3% (2023-05-04 → 2026-03-24), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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