Trend-Following Backtester · Guide · backtest 한국어

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China Securities Animation Game ETF backtest

10 trend-following strategies were compared on the full daily history of China Securities Animation Game ETF. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 11.0%, MDD -22.4%).

Data 2021-02-25 ~ 2026-07-31daily bars 1,314 (5.4 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 1.9%, drawdown -57.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 17.0%, MDD -25.6%, Sharpe 0.80, 30% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 15.1%p higher than buy and hold, while drawdown improves by 32.0%p (CAGR 11.0%, MDD -22.4%, exposure 24%).

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
볼린저 밴드 돌파
n=48, k=2.2
17.0%-25.6%0.800.662.3x1430%
Keltner 채널 돌파
emaPeriod=29, atrPeriod=26, mult=2.5
14.1%-22.8%0.740.622.1x2025%
Supertrend
period=29, mult=2.7
16.5%-34.3%0.730.482.3x3644%
EMA 크로스오버
fast=32, slow=105
14.3%-30.9%0.660.462.1x643%
Donchian 채널 돌파
entryN=71, exitN=22
11.0%-22.4%0.590.491.8x1024%
ADX / DI 방향성
period=14, threshold=19
12.2%-35.5%0.580.341.9x5441%
SMA 크로스오버
fast=8, slow=49
12.1%-38.8%0.560.311.9x2648%
ROC 모멘텀
n=43, threshold=0.08
9.6%-37.2%0.500.261.6x4432%
MACD
fast=14, slow=44, signal=8
7.4%-54.4%0.400.141.5x7752%
Parabolic SAR
step=0.035, maxStep=0.18
1.9%-47.9%0.210.041.1x14951%
Buy and hold1.9%-57.7%0.240.031.1x1100%
1x 2022 2023 2024 2025 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -29% -43% -58% 2022 2023 2024 2025 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -25.6% (2024-12-13 → 2025-06-20), recovered after 276 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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