Trend-Following Backtester · Guide · backtest 한국어

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Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Class A. 1 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 11.7%, MDD -29.8%).

Data 2018-10-16 ~ 2026-07-31daily bars 1,890 (7.8 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 11.0%, drawdown -73.0%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 6.4%, MDD -12.2%, Sharpe 0.66, 9% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 11.7%, MDD -29.8%, exposure 29%.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 4.5%p lower than buy and hold, while drawdown improves by 60.8%p (CAGR 11.7%, MDD -29.8%, 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
ADX / DI 방향성
period=38, threshold=26
6.4%-12.2%0.660.531.6x29%
ROC 모멘텀
n=149, threshold=0.12
11.7%-29.8%0.660.392.4x2229%
SMA 크로스오버
fast=40, slow=146
9.4%-43.5%0.510.222.0x1044%
EMA 크로스오버
fast=38, slow=126
9.2%-48.6%0.500.192.0x1241%
Donchian 채널 돌파
entryN=105, exitN=58
7.3%-49.4%0.440.151.7x635%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=10, mult=3.8
5.1%-20.1%0.400.251.5x1017%
Supertrend
period=30, mult=4.4
6.6%-57.3%0.380.121.6x2150%
볼린저 밴드 돌파
n=25, k=2.7
2.3%-45.8%0.220.051.2x3120%
MACD
fast=17, slow=39, signal=19
1.5%-62.6%0.180.021.1x7946%
Parabolic SAR
step=0.015, maxStep=0.14
-3.3%-75.7%-0.00-0.040.8x12948%
Buy and hold11.0%-73.0%0.480.152.3x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 ROC 모멘텀ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -18% -36% -55% -73% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -12.2% (2019-07-02 → 2019-08-06), recovered after 52 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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