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Trend-Following Backtester · Guide · backtest 한국어

equity · US

UTime Limited backtest

10 trend-following strategies were compared on the full daily history of UTime Limited. 10 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester.

Data 2021-04-06 ~ 2026-07-31daily bars 1,337 (5.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -94.4%, drawdown -100.0%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR -31.1%, MDD -96.2%, Sharpe 0.32, 11% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=106, threshold=0.2
-31.1%-96.2%0.32-0.320.1x1211%
EMA 크로스오버
fast=18, slow=70
-35.2%-97.1%0.28-0.360.1x616%
볼린저 밴드 돌파
n=59, k=2.7
-36.2%-96.2%0.24-0.380.1x611%
Donchian 채널 돌파
entryN=119, exitN=22
-36.4%-96.2%0.23-0.380.1x49%
ADX / DI 방향성
period=19, threshold=31
-44.2%-98.2%0.19-0.450.0x1511%
Keltner 채널 돌파
emaPeriod=24, atrPeriod=31, mult=2
-35.0%-96.2%0.18-0.360.1x1010%
MACD
fast=24, slow=56, signal=16
-77.2%-100.0%0.13-0.770.0x1777%
SMA 크로스오버
fast=19, slow=121
-43.9%-99.0%0.11-0.440.0x617%
Supertrend
period=28, mult=4.4
-54.5%-99.2%-0.04-0.550.0x1019%
Parabolic SAR
step=0.07, maxStep=0.4
-81.1%-100.0%-0.23-0.810.0x18939%
Buy and hold-94.4%-100.0%-0.30-0.940.0x1100%
0.000001 0.00001 0.0001 0.001 0.01 0.1 1x 2022 2023 2024 2025 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -96.2% (2024-08-27 → 2024-08-29), 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 setupMore US assetsAll asset reports

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