Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Leo Group Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Leo Group Co. Ltd. Class A. 8 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 12.1%, MDD -41.4%).

Data 2007-04-27 ~ 2026-07-31daily bars 4,682 (19.3 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 10.2%, drawdown -85.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 21.4%, MDD -60.5%, Sharpe 0.75, 40% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 11.2%p higher than buy and hold, while drawdown improves by 25.4%p (CAGR 12.1%, MDD -41.4%, exposure 7%).

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=94, exitN=52
21.4%-60.5%0.750.3541.9x2040%
ROC 모멘텀
n=197, threshold=0
19.3%-67.1%0.660.2929.9x5450%
SMA 크로스오버
fast=13, slow=314
18.8%-66.0%0.650.2927.6x2051%
EMA 크로스오버
fast=36, slow=216
18.7%-64.1%0.650.2927.2x1650%
볼린저 밴드 돌파
n=20, k=3.2
12.1%-41.4%0.650.299.0x367%
Keltner 채널 돌파
emaPeriod=46, atrPeriod=27, mult=3.1
14.9%-51.7%0.620.2914.6x4824%
MACD
fast=9, slow=70, signal=18
16.6%-64.2%0.620.2619.4x20948%
Supertrend
period=24, mult=2.8
13.9%-68.9%0.560.2012.2x14241%
ADX / DI 방향성
period=12, threshold=48
8.1%-35.0%0.540.234.5x345%
Parabolic SAR
step=0.025, maxStep=0.28
5.9%-80.6%0.340.073.0x41148%
Buy and hold10.2%-85.9%0.450.126.5x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -60.5% (2015-06-12 → 2019-02-28), recovered after 3,458 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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