Trend-Following Backtester · Guide · backtest 한국어

equity · CN

iflytek Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of iflytek Co., Ltd. Class A. 7 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 11.5%, MDD -37.6%).

Data 2008-04-25 ~ 2026-07-31daily bars 4,438 (18.3 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 11.5%, drawdown -81.4%).

Sharpe leader (same as main): MACD — CAGR 16.5%, MDD -49.5%, Sharpe 0.63, 50% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.9%p higher than buy and hold, while drawdown improves by 31.9%p (CAGR 11.5%, MDD -37.6%, exposure 29%).

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
MACD
fast=14, slow=64, signal=15
16.5%-49.5%0.630.3316.2x20550%
Donchian 채널 돌파
entryN=26, exitN=15
15.6%-47.8%0.620.3314.0x8639%
볼린저 밴드 돌파
n=29, k=1.3
15.1%-39.3%0.620.3813.1x15836%
Keltner 채널 돌파
emaPeriod=34, atrPeriod=28, mult=1.2
14.5%-42.5%0.600.3411.9x14636%
Supertrend
period=8, mult=2.7
16.2%-59.4%0.590.2715.6x13052%
EMA 크로스오버
fast=11, slow=45
14.1%-50.7%0.560.2811.1x10851%
ADX / DI 방향성
period=12, threshold=26
11.5%-37.6%0.530.317.3x14829%
SMA 크로스오버
fast=11, slow=217
11.8%-68.1%0.490.177.7x4460%
ROC 모멘텀
n=19, threshold=-0.04
10.8%-52.6%0.470.216.6x39766%
Parabolic SAR
step=0.015, maxStep=0.34
5.1%-54.9%0.320.092.5x30648%
Buy and hold11.5%-81.4%0.510.147.4x1100%
1x 10x 2009 2012 2015 2018 2021 2024 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -81% 2009 2012 2015 2018 2021 2024 Buy and holdMACD
MACD maximum drawdown -49.5% (2023-06-20 → 2024-09-09), prior peak not yet recovered.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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