Trend-Following Backtester · Guide · backtest 한국어

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East Money Information Co., Ltd Class A backtest

10 trend-following strategies were compared on the full daily history of East Money Information Co., Ltd Class A. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 24.2%, MDD -44.4%).

Data 2010-03-19 ~ 2026-07-31daily bars 3,975 (16.4 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 22.3%, drawdown -82.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 24.2%, MDD -44.4%, Sharpe 0.91, 17% exposure.

CAGR reference leader: Parabolic SAR — CAGR 26.7%, MDD -48.0%, exposure 48%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 2.0%p higher than buy and hold, while drawdown improves by 38.0%p (CAGR 24.2%, MDD -44.4%, exposure 17%).

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=42, k=3.1
24.2%-44.4%0.910.5534.8x2817%
Donchian 채널 돌파
entryN=97, exitN=22
24.2%-55.2%0.870.4434.7x2621%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=11, mult=2.9
24.3%-58.2%0.840.4235.0x3824%
Parabolic SAR
step=0.01, maxStep=0.06
26.7%-48.0%0.830.5648.2x16648%
SMA 크로스오버
fast=11, slow=36
25.4%-59.1%0.790.4340.5x12049%
MACD
fast=13, slow=37, signal=17
23.9%-62.3%0.770.3833.2x17449%
EMA 크로스오버
fast=93, slow=166
24.9%-70.7%0.770.3537.9x850%
ADX / DI 방향성
period=24, threshold=27
17.0%-60.4%0.740.2813.1x2615%
Supertrend
period=8, mult=3.3
23.1%-66.9%0.720.3530.1x8158%
ROC 모멘텀
n=183, threshold=0.1
22.6%-70.7%0.720.3228.1x9043%
Buy and hold22.3%-82.4%0.660.2726.8x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 Parabolic SAR볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Parabolic SAR (CAGR reference), Buy and hold.
0% -21% -41% -62% -82% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdParabolic SAR볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -44.4% (2015-06-04 → 2019-02-19), recovered after 2,044 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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