Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Wen's Foodstuff Group Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Wen's Foodstuff Group Co., Ltd. Class A. 9 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 0.9%, MDD -17.9%).

Data 2015-11-02 ~ 2026-07-31daily bars 2,611 (10.7 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -7.4%, drawdown -69.0%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 2.4%, MDD -34.5%, Sharpe 0.23, 20% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 9.8%p higher than buy and hold, while drawdown improves by 34.4%p (CAGR 0.9%, MDD -17.9%, exposure 2%).

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
ROC 모멘텀
n=168, threshold=0.13
2.4%-34.5%0.230.071.3x4420%
SMA 크로스오버
fast=18, slow=191
1.8%-31.0%0.190.061.2x1634%
Donchian 채널 돌파
entryN=80, exitN=20
1.1%-44.4%0.150.021.1x1819%
Keltner 채널 돌파
emaPeriod=31, atrPeriod=11, mult=4
0.9%-17.9%0.150.051.1x42%
EMA 크로스오버
fast=53, slow=92
0.2%-44.9%0.120.001.0x1435%
ADX / DI 방향성
period=34, threshold=18
0.4%-32.1%0.100.011.0x2212%
MACD
fast=7, slow=56, signal=18
-1.3%-56.7%0.07-0.020.9x14149%
볼린저 밴드 돌파
n=57, k=2.4
-0.6%-48.3%0.04-0.010.9x2820%
Supertrend
period=15, mult=1.9
-6.2%-67.4%-0.16-0.090.5x12345%
Parabolic SAR
step=0.015, maxStep=0.2
-11.0%-74.5%-0.39-0.150.3x17745%
Buy and hold-7.4%-69.0%-0.07-0.110.4x1100%
1x 2016 2018 2020 2022 2024 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -34% -52% -69% 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -34.5% (2022-07-11 → 2025-11-13), prior peak not yet recovered.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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