Trend-Following Backtester · Guide · backtest 한국어

equity · HK

China Longyuan Power Group Corporation Ltd Class H backtest

10 trend-following strategies were compared on the full daily history of China Longyuan Power Group Corporation Ltd Class H. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 2.5%, MDD -29.9%).

Data 2009-12-10 ~ 2026-07-31daily bars 4,098 (16.6 years)Costs 0.5%Venue HKEXMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -2.6%, drawdown -77.1%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 3.6%, MDD -46.6%, Sharpe 0.30, 13% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 6.2%p higher than buy and hold, while drawdown improves by 30.5%p (CAGR 2.5%, MDD -29.9%, exposure 10%).

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=25, k=2.9
3.6%-46.6%0.300.081.8x4013%
Donchian 채널 돌파
entryN=63, exitN=48
3.6%-52.4%0.270.071.8x3040%
SMA 크로스오버
fast=49, slow=87
3.0%-54.7%0.250.051.6x5046%
ROC 모멘텀
n=105, threshold=0.09
2.9%-47.8%0.240.061.6x8629%
Keltner 채널 돌파
emaPeriod=18, atrPeriod=21, mult=2.4
2.5%-29.9%0.230.081.5x4610%
Supertrend
period=8, mult=4
2.1%-53.4%0.220.041.4x5655%
EMA 크로스오버
fast=42, slow=216
0.8%-64.0%0.160.011.1x2837%
ADX / DI 방향성
period=12, threshold=38
1.2%-34.3%0.160.031.2x365%
MACD
fast=14, slow=49, signal=17
-2.6%-75.0%0.05-0.030.6x18750%
Parabolic SAR
step=0.005, maxStep=0.1
-3.5%-71.9%0.02-0.050.5x13748%
Buy and hold-2.6%-77.1%0.13-0.030.6x1100%
1x 2010 2013 2016 2019 2022 2025 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -39% -58% -77% 2010 2013 2016 2019 2022 2025 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -46.6% (2021-02-16 → 2024-10-17), prior peak not yet recovered.

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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