Trend-Following Backtester · Guide · backtest 한국어

equity · CN

CIG Shanghai Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of CIG Shanghai Co., Ltd. Class A. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 31.5%, MDD -51.4%).

Data 2017-11-10 ~ 2026-07-31daily bars 2,115 (8.7 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 34.4%, drawdown -72.5%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 24.1%, MDD -26.0%, Sharpe 0.98, 8% exposure.

CAGR reference leader: Supertrend — CAGR 33.4%, MDD -61.9%, exposure 45%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 10.3%p lower than buy and hold, while drawdown improves by 46.4%p (CAGR 31.5%, MDD -51.4%, exposure 51%).

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=14, threshold=39
24.1%-26.0%0.980.936.6x128%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=21, mult=3.3
28.2%-43.7%0.880.648.7x2023%
Supertrend
period=19, mult=1.6
33.4%-61.9%0.870.5412.3x12845%
Donchian 채널 돌파
entryN=106, exitN=4
22.6%-39.9%0.850.565.9x2410%
Parabolic SAR
step=0.03, maxStep=0.32
32.8%-67.4%0.850.4911.9x22048%
볼린저 밴드 돌파
n=35, k=2.5
28.0%-50.2%0.840.568.6x3425%
SMA 크로스오버
fast=42, slow=66
31.5%-51.4%0.830.6110.9x3751%
EMA 크로스오버
fast=23, slow=211
26.1%-66.6%0.740.397.6x1349%
ROC 모멘텀
n=143, threshold=-0.03
25.5%-66.3%0.720.387.3x4555%
MACD
fast=13, slow=48, signal=7
20.6%-64.1%0.640.325.1x13250%
Buy and hold34.4%-72.5%0.800.4713.1x1100%
1x 10x 2018 2020 2022 2024 2026 SupertrendADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -18% -36% -54% -72% 2018 2020 2022 2024 2026 Buy and holdSupertrendADX / DI 방향성
ADX / DI 방향성 maximum drawdown -26.0% (2025-09-26 → 2025-10-17), prior peak not yet recovered.

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

Read next