Trend-Following Backtester · Guide · backtest 한국어

equity · HK

Alibaba Health Information Technology Ltd. backtest

10 trend-following strategies were compared on the full daily history of Alibaba Health Information Technology Ltd.. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 29.0%, MDD -58.1%).

Data 2004-03-22 ~ 2026-07-31daily bars 5,524 (22.4 years)Costs 0.5%Venue HKEXMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 6.3%, drawdown -97.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 33.4%, MDD -67.8%, Sharpe 0.54, 31% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 27.2%p higher than buy and hold, while drawdown improves by 29.5%p (CAGR 29.0%, MDD -58.1%, 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
볼린저 밴드 돌파
n=43, k=1.6
33.4%-67.8%0.540.49630.9x9631%
EMA 크로스오버
fast=10, slow=60
30.6%-66.2%0.520.46389.5x9841%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=15, mult=1.5
31.3%-60.2%0.520.52437.1x9233%
Donchian 채널 돌파
entryN=42, exitN=16
29.1%-63.5%0.500.46300.1x7026%
ADX / DI 방향성
period=14, threshold=25
29.0%-58.1%0.490.50296.6x15227%
SMA 크로스오버
fast=17, slow=24
25.6%-70.6%0.480.36163.8x27143%
MACD
fast=18, slow=33, signal=12
20.4%-90.9%0.450.2264.1x26748%
Supertrend
period=22, mult=4.4
21.0%-83.5%0.440.2571.3x7642%
ROC 모멘텀
n=30, threshold=0.06
21.4%-81.0%0.440.2676.6x31832%
Parabolic SAR
step=0.01, maxStep=0.14
16.3%-87.9%0.400.1929.5x23742%
Buy and hold6.3%-97.4%0.390.063.9x1100%
1x 10x 100x 2005 2008 2011 2014 2017 2020 2023 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -49% -73% -97% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -67.8% (2004-11-18 → 2009-03-30), recovered after 1,828 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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