Trend-Following Backtester · Guide · backtest 한국어

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Maxscend Microelectronics Company Limited Class A backtest

10 trend-following strategies were compared on the full daily history of Maxscend Microelectronics Company Limited Class A. 2 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 41.1%, MDD -56.8%).

Data 2019-06-18 ~ 2026-07-31daily bars 1,729 (7.1 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 31.2%, drawdown -82.4%).

Sharpe leader (same as main): Supertrend — CAGR 41.1%, MDD -56.8%, Sharpe 1.00, 58% exposure.

Return/drawdown alternative: Supertrend — CAGR is 9.9%p higher than buy and hold, while drawdown improves by 25.6%p (CAGR 41.1%, MDD -56.8%, exposure 58%).

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=1, mult=4.8
41.1%-56.8%1.000.7211.6x3658%
Parabolic SAR
step=0.02, maxStep=0.16
32.3%-62.7%0.890.517.3x14249%
ADX / DI 방향성
period=38, threshold=38
4.6%-8.6%0.620.531.4x23%
Donchian 채널 돌파
entryN=28, exitN=63
17.1%-61.0%0.580.283.1x1665%
Keltner 채널 돌파
emaPeriod=10, atrPeriod=20, mult=3.7
7.8%-21.5%0.530.361.7x64%
EMA 크로스오버
fast=40, slow=48
11.1%-62.2%0.470.182.1x1454%
볼린저 밴드 돌파
n=11, k=1.8
10.4%-48.1%0.470.222.0x11029%
ROC 모멘텀
n=47, threshold=-0.04
11.1%-57.5%0.460.192.1x5858%
SMA 크로스오버
fast=9, slow=24
7.5%-76.7%0.380.101.7x8249%
MACD
fast=11, slow=26, signal=6
1.4%-64.6%0.220.021.1x13849%
Buy and hold31.2%-82.4%0.770.386.9x1100%
1x 10x 2020 2021 2022 2023 2024 2025 2026 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2020 2021 2022 2023 2024 2025 2026 Buy and holdSupertrend
Supertrend maximum drawdown -56.8% (2024-10-09 → 2025-12-23), prior peak not yet recovered.

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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