Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Hainan Jinpan Smart Technology Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Hainan Jinpan Smart Technology Co., Ltd. Class A. 6 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 26.1%, MDD -31.0%).

Data 2021-03-09 ~ 2026-07-31daily bars 1,310 (5.4 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 19.6%, drawdown -62.2%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 33.8%, MDD -35.6%, Sharpe 0.86, 39% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 14.2%p higher than buy and hold, while drawdown improves by 26.5%p (CAGR 26.1%, MDD -31.0%, exposure 26%).

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=61, exitN=28
33.8%-35.6%0.860.954.8x1039%
ADX / DI 방향성
period=21, threshold=26
26.1%-31.0%0.820.843.5x1026%
SMA 크로스오버
fast=11, slow=57
28.7%-45.4%0.760.633.9x2655%
Supertrend
period=16, mult=4.2
28.6%-43.0%0.740.673.9x1470%
ROC 모멘텀
n=23, threshold=0.02
25.4%-54.3%0.720.473.4x9048%
EMA 크로스오버
fast=16, slow=33
25.9%-50.2%0.710.523.5x2655%
Keltner 채널 돌파
emaPeriod=35, atrPeriod=9, mult=3.6
16.9%-27.4%0.660.612.3x615%
MACD
fast=24, slow=58, signal=11
17.0%-56.0%0.580.302.3x5447%
볼린저 밴드 돌파
n=53, k=2.6
12.5%-49.7%0.500.251.9x1830%
Parabolic SAR
step=0.015, maxStep=0.26
9.8%-61.9%0.440.161.7x9150%
Buy and hold19.6%-62.2%0.610.322.6x1100%
1x 2022 2023 2024 2025 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -31% -47% -62% 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -35.6% (2024-05-28 → 2025-02-05), recovered after 444 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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