Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Shennan Circuit Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Shennan Circuit Co., Ltd. Class A. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 40.2%, MDD -48.9%).

Data 2017-12-13 ~ 2026-07-31daily bars 2,092 (8.6 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 44.6%, drawdown -74.6%).

Sharpe leader (same as main): Supertrend — CAGR 40.2%, MDD -48.9%, Sharpe 1.00, 62% exposure.

Return/drawdown alternative: Supertrend — CAGR is 4.4%p lower than buy and hold, while drawdown improves by 25.7%p (CAGR 40.2%, MDD -48.9%, exposure 62%).

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
Supertrend
period=2, mult=4.2
40.2%-48.9%1.000.8218.5x3262%
Donchian 채널 돌파
entryN=145, exitN=82
29.8%-47.3%0.870.639.5x548%
SMA 크로스오버
fast=4, slow=206
29.9%-49.4%0.850.609.5x1755%
ROC 모멘텀
n=132, threshold=0.07
27.9%-42.2%0.820.668.4x5952%
EMA 크로스오버
fast=10, slow=211
27.5%-53.4%0.810.528.2x1755%
Parabolic SAR
step=0.03, maxStep=0.34
26.4%-61.7%0.810.437.6x23652%
MACD
fast=17, slow=38, signal=30
21.3%-56.0%0.720.385.3x6451%
볼린저 밴드 돌파
n=35, k=1.5
20.3%-46.0%0.720.444.9x6039%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=14, mult=0.8
20.4%-41.0%0.680.504.9x6448%
ADX / DI 방향성
period=20, threshold=17
16.6%-53.2%0.600.313.8x6844%
Buy and hold44.6%-74.6%0.990.6024.1x1100%
1x 10x 2018 2020 2022 2024 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -75% 2018 2020 2022 2024 2026 Buy and holdSupertrend
Supertrend maximum drawdown -48.9% (2018-01-08 → 2018-12-07), recovered after 588 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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