Trend-Following Backtester · Guide · backtest 한국어

equity · HK

Sino Land Co. Ltd. backtest

10 trend-following strategies were compared on the full daily history of Sino Land Co. Ltd.. 4 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 4.7%, MDD -30.0%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,623 (26.6 years)Costs 0.5%Venue HKEXMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 3.7%, drawdown -82.9%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 4.7%, MDD -30.0%, Sharpe 0.39, 14% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 6.0%, MDD -60.0%, exposure 53%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 0.9%p higher than buy and hold, while drawdown improves by 52.9%p (CAGR 4.7%, MDD -30.0%, exposure 14%).

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=35, threshold=19
4.7%-30.0%0.390.153.3x5614%
SMA 크로스오버
fast=54, slow=79
6.0%-60.0%0.360.104.8x10053%
Donchian 채널 돌파
entryN=23, exitN=65
4.8%-74.9%0.310.063.5x7472%
Supertrend
period=15, mult=2.6
4.1%-61.5%0.290.072.9x20052%
EMA 크로스오버
fast=59, slow=63
3.7%-74.7%0.270.052.6x6852%
Keltner 채널 돌파
emaPeriod=46, atrPeriod=23, mult=1.4
2.7%-77.5%0.230.032.0x18841%
볼린저 밴드 돌파
n=27, k=2.9
1.9%-54.8%0.200.031.6x7213%
ROC 모멘텀
n=121, threshold=0.14
1.1%-63.1%0.160.021.3x18430%
MACD
fast=21, slow=31, signal=8
-2.3%-84.4%0.03-0.030.5x41751%
Parabolic SAR
step=0.02, maxStep=0.12
-2.7%-84.8%0.00-0.030.5x51851%
Buy and hold3.7%-82.9%0.280.042.6x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -21% -41% -62% -83% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -30.0% (2009-06-03 → 2025-08-01), prior peak not yet recovered.

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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