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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Sai MicroElectronics Inc. Class A backtest

10 trend-following strategies were compared on the full daily history of Sai MicroElectronics Inc. Class A. 0 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 15.7%, MDD -36.4%).

Data 2015-05-14 ~ 2026-07-31daily bars 2,725 (11.2 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 20.2%, drawdown -67.6%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 15.7%, MDD -36.4%, Sharpe 0.71, 7% exposure.

CAGR reference leader: Supertrend — CAGR 17.3%, MDD -62.0%, exposure 50%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 4.6%p lower than buy and hold, while drawdown improves by 31.2%p (CAGR 15.7%, MDD -36.4%, exposure 7%).

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=11, atrPeriod=11, mult=2.3
15.7%-36.4%0.710.435.1x287%
Supertrend
period=9, mult=3.1
17.3%-62.0%0.600.286.0x6450%
Parabolic SAR
step=0.04, maxStep=0.12
14.2%-57.6%0.530.254.4x27650%
볼린저 밴드 돌파
n=48, k=2.3
11.0%-52.7%0.490.213.2x3221%
Donchian 채널 돌파
entryN=62, exitN=35
10.1%-51.0%0.450.202.9x2233%
ROC 모멘텀
n=60, threshold=0.11
7.4%-50.7%0.380.152.2x9830%
ADX / DI 방향성
period=15, threshold=26
7.0%-47.7%0.380.152.1x6223%
SMA 크로스오버
fast=48, slow=78
3.5%-69.4%0.290.051.5x4446%
EMA 크로스오버
fast=48, slow=67
1.4%-71.5%0.250.021.2x2651%
MACD
fast=10, slow=61, signal=10
-6.0%-81.7%0.04-0.070.5x17647%
Buy and hold20.2%-67.6%0.620.307.9x1100%
1x 10x 2016 2018 2020 2022 2024 2026 SupertrendKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -17% -34% -51% -68% 2016 2018 2020 2022 2024 2026 Buy and holdSupertrendKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -36.4% (2021-07-05 → 2025-07-31), recovered after 1,606 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 setupMore CN assetsAll asset reports

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