Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Hangzhou Silan Microelectronics Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Hangzhou Silan Microelectronics Co., Ltd. Class A. 7 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 17.6%, MDD -45.0%).

Data 2003-03-11 ~ 2026-07-31daily bars 5,733 (23.4 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 13.4%, drawdown -83.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 17.6%, MDD -45.0%, Sharpe 0.69, 31% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 20.5%, MDD -59.2%, exposure 57%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.3%p higher than buy and hold, while drawdown improves by 38.4%p (CAGR 17.6%, MDD -45.0%, exposure 31%).

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=33, k=2.1
17.6%-45.0%0.690.3944.6x11431%
Donchian 채널 돌파
entryN=77, exitN=89
20.5%-59.2%0.680.3577.7x2557%
SMA 크로스오버
fast=55, slow=195
17.5%-62.1%0.620.2843.5x2553%
Keltner 채널 돌파
emaPeriod=37, atrPeriod=20, mult=2.7
14.7%-47.2%0.620.3125.0x7623%
MACD
fast=17, slow=32, signal=17
15.6%-66.7%0.590.2329.4x27051%
Supertrend
period=11, mult=4.5
15.6%-74.8%0.580.2129.8x7455%
Parabolic SAR
step=0.005, maxStep=0.22
13.8%-61.7%0.540.2220.6x17450%
ADX / DI 방향성
period=18, threshold=25
11.5%-50.6%0.540.2312.7x10422%
ROC 모멘텀
n=94, threshold=0
13.2%-63.4%0.520.2118.4x22251%
EMA 크로스오버
fast=54, slow=147
13.1%-77.6%0.520.1717.7x3356%
Buy and hold13.4%-83.4%0.510.1618.8x1100%
1x 10x 100x 2004 2007 2010 2013 2016 2019 2022 2025 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -21% -42% -63% -83% 2004 2007 2010 2013 2016 2019 2022 2025 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -45.0% (2021-07-29 → 2024-08-19), recovered after 1,784 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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