Trend-Following Backtester · Guide · backtest 한국어

equity · CN

COSCO Shipping Specialized Carriers Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of COSCO Shipping Specialized Carriers Co., Ltd. Class A. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 7.8%, MDD -48.0%).

Data 2002-04-18 ~ 2026-07-31daily bars 5,966 (24.3 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 6.6%, drawdown -86.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 11.5%, MDD -71.8%, Sharpe 0.49, 61% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.9%p higher than buy and hold, while drawdown improves by 14.7%p (CAGR 7.8%, MDD -48.0%, exposure 14%).

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
Donchian 채널 돌파
entryN=72, exitN=105
11.5%-71.8%0.490.1614.1x2761%
SMA 크로스오버
fast=46, slow=175
10.9%-72.8%0.480.1512.2x3548%
볼린저 밴드 돌파
n=35, k=3.1
7.8%-48.0%0.460.166.2x4514%
ADX / DI 방향성
period=31, threshold=12
9.7%-74.3%0.450.139.4x17749%
ROC 모멘텀
n=144, threshold=0
9.5%-70.8%0.440.139.2x16550%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=26, mult=3.2
6.2%-39.6%0.420.164.3x5310%
EMA 크로스오버
fast=18, slow=73
8.0%-73.6%0.400.116.4x9147%
Supertrend
period=24, mult=2.8
6.7%-77.8%0.360.094.8x18145%
MACD
fast=11, slow=28, signal=40
4.5%-71.8%0.300.062.9x26751%
Parabolic SAR
step=0.015, maxStep=0.12
1.9%-82.3%0.220.021.6x39148%
Buy and hold6.6%-86.5%0.370.084.7x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -87% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -71.8% (2009-08-04 → 2014-08-08), recovered after 2,092 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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