Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Shenzhen Sunway Communication Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Shenzhen Sunway Communication Co., Ltd. Class A. 4 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 13.8%, MDD -24.6%).

Data 2010-11-05 ~ 2026-07-31daily bars 3,820 (15.7 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 18.3%, drawdown -78.7%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 13.8%, MDD -24.6%, Sharpe 0.74, 8% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 22.5%, MDD -55.1%, exposure 54%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.5%p lower than buy and hold, while drawdown improves by 54.1%p (CAGR 13.8%, MDD -24.6%, exposure 8%).

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=24, k=3.2
13.8%-24.6%0.740.567.7x188%
SMA 크로스오버
fast=38, slow=271
22.5%-55.1%0.710.4124.5x1354%
EMA 크로스오버
fast=25, slow=257
20.5%-65.9%0.670.3118.8x1552%
Donchian 채널 돌파
entryN=51, exitN=52
20.8%-64.6%0.660.3219.6x3061%
MACD
fast=19, slow=30, signal=13
18.8%-73.3%0.650.2615.0x19851%
ADX / DI 방향성
period=33, threshold=16
15.7%-55.9%0.610.289.9x6032%
ROC 모멘텀
n=95, threshold=0.08
14.9%-64.7%0.560.238.9x15848%
Supertrend
period=10, mult=4.5
13.8%-71.6%0.520.197.7x4662%
Keltner 채널 돌파
emaPeriod=23, atrPeriod=17, mult=3.6
9.1%-49.8%0.520.184.0x228%
Parabolic SAR
step=0.01, maxStep=0.18
11.5%-60.3%0.480.195.5x20450%
Buy and hold18.3%-78.7%0.590.2314.1x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -20% -39% -59% -79% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -24.6% (2012-03-14 → 2013-03-19), recovered after 404 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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