Trend-Following Backtester · Guide · backtest 한국어

equity · HK

ANTA Sports Products Ltd. backtest

10 trend-following strategies were compared on the full daily history of ANTA Sports Products Ltd.. 4 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 16.3%, MDD -48.1%).

Data 2007-07-10 ~ 2026-07-31daily bars 4,699 (19.1 years)Costs 0.5%Venue HKEXMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 13.1%, drawdown -81.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 16.3%, MDD -48.1%, Sharpe 0.64, 61% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 3.2%p higher than buy and hold, while drawdown improves by 33.2%p (CAGR 16.3%, MDD -48.1%, exposure 61%).

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
Donchian 채널 돌파
entryN=69, exitN=69
16.3%-48.1%0.640.3417.9x2661%
EMA 크로스오버
fast=46, slow=65
15.4%-63.2%0.620.2415.5x3858%
SMA 크로스오버
fast=9, slow=233
14.8%-58.8%0.610.2514.0x3058%
Supertrend
period=32, mult=4.3
13.3%-51.0%0.560.2610.9x6355%
ROC 모멘텀
n=62, threshold=-0.07
9.4%-64.9%0.440.145.5x17770%
볼린저 밴드 돌파
n=30, k=1.5
6.2%-54.6%0.360.113.1x15540%
MACD
fast=17, slow=52, signal=19
4.4%-58.0%0.300.082.3x19551%
Keltner 채널 돌파
emaPeriod=38, atrPeriod=13, mult=1.1
3.0%-56.0%0.250.051.7x17545%
ADX / DI 방향성
period=17, threshold=16
0.9%-66.4%0.170.011.2x25943%
Parabolic SAR
step=0.015, maxStep=0.24
-1.2%-62.7%0.12-0.020.8x32752%
Buy and hold13.1%-81.3%0.500.1610.5x1100%
1x 10x 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -81% 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -48.1% (2021-06-28 → 2026-06-18), prior peak not yet recovered.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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