Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Guangdong HEC Technology Holding Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Guangdong HEC Technology Holding Co. Ltd. Class A. 6 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 7.9%, MDD -55.2%).

Data 1993-09-17 ~ 2026-07-31daily bars 8,205 (32.9 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 8.3%, drawdown -85.0%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 12.7%, MDD -66.4%, Sharpe 0.50, 47% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.4%p higher than buy and hold, while drawdown improves by 18.6%p (CAGR 7.9%, MDD -55.2%, exposure 18%).

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
ADX / DI 방향성
period=25, threshold=13
12.7%-66.4%0.500.1950.9x29247%
Donchian 채널 돌파
entryN=20, exitN=36
12.3%-82.0%0.480.1545.5x11663%
EMA 크로스오버
fast=13, slow=188
11.2%-72.4%0.470.1633.0x6150%
Supertrend
period=10, mult=2.2
10.9%-62.2%0.460.1729.9x30250%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=13, mult=1.8
9.3%-66.6%0.430.1418.5x16437%
SMA 크로스오버
fast=14, slow=96
8.9%-68.7%0.410.1316.3x11248%
볼린저 밴드 돌파
n=42, k=3
7.9%-55.2%0.410.1412.2x7018%
Parabolic SAR
step=0.01, maxStep=0.38
8.1%-63.2%0.390.1312.8x38650%
ROC 모멘텀
n=96, threshold=0.06
7.5%-75.5%0.380.1010.9x25844%
MACD
fast=12, slow=30, signal=8
6.3%-71.5%0.350.097.5x58051%
Buy and hold8.3%-85.0%0.410.1013.8x1100%
1x 10x 1994 1999 2004 2009 2014 2019 2024 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -85% 1994 1999 2004 2009 2014 2019 2024 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -66.4% (1996-04-29 → 1998-03-12), recovered after 3,817 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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