Trend-Following Backtester · Guide · backtest 한국어

equity · TW

Zhen Ding Technology Holding Limited backtest

10 trend-following strategies were compared on the full daily history of Zhen Ding Technology Holding Limited. 0 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2011-12-26 ~ 2026-07-31daily bars 3,560 (14.6 years)Costs 0.5%Venue TWSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 16.3%, drawdown -54.4%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 9.6%, MDD -38.6%, Sharpe 0.57, 18% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 10.0%, MDD -69.1%, exposure 84%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
Keltner 채널 돌파
emaPeriod=18, atrPeriod=17, mult=2.3
9.6%-38.6%0.570.253.8x6218%
ADX / DI 방향성
period=21, threshold=29
7.1%-28.4%0.520.252.7x229%
MACD
fast=11, slow=52, signal=18
9.6%-66.4%0.490.143.8x17050%
Supertrend
period=8, mult=3.9
9.4%-59.9%0.470.163.7x6650%
Donchian 채널 돌파
entryN=9, exitN=68
10.0%-69.1%0.460.144.0x4784%
볼린저 밴드 돌파
n=21, k=1.5
8.2%-52.5%0.450.163.2x15637%
Parabolic SAR
step=0.01, maxStep=0.08
8.7%-53.4%0.450.163.4x16851%
EMA 크로스오버
fast=104, slow=249
7.0%-56.2%0.380.132.7x1554%
SMA 크로스오버
fast=40, slow=151
6.6%-49.5%0.370.132.6x3752%
ROC 모멘텀
n=16, threshold=0.09
5.5%-64.7%0.370.082.2x19016%
Buy and hold16.3%-54.4%0.600.309.1x1100%
1x 10x 2012 2014 2016 2018 2020 2022 2024 2026 Donchian 채널 돌파Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -17% -35% -52% -69% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -38.6% (2012-02-13 → 2024-03-14), recovered after 4,930 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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