Trend-Following Backtester · Guide · backtest 한국어

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WAM Leaders Limited backtest

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

Data 2016-05-30 ~ 2026-07-31daily bars 2,576 (10.2 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 2.6%, drawdown -40.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 1.0%, MDD -22.8%, Sharpe 0.16, 24% exposure.

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
Donchian 채널 돌파
entryN=115, exitN=33
1.0%-22.8%0.160.041.1x1424%
볼린저 밴드 돌파
n=49, k=3.2
0.4%-8.1%0.140.061.0x76%
ROC 모멘텀
n=121, threshold=0.11
0.5%-18.3%0.110.031.1x2411%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=9, mult=3.9
-0.3%-20.5%-0.01-0.011.0x1415%
Parabolic SAR
step=0.025, maxStep=0.1
-1.0%-25.8%-0.03-0.040.9x16956%
MACD
fast=26, slow=57, signal=27
-1.4%-31.5%-0.06-0.040.9x7753%
Supertrend
period=26, mult=3.2
-1.6%-43.8%-0.06-0.040.8x5554%
SMA 크로스오버
fast=27, slow=40
-1.6%-35.3%-0.07-0.050.8x7755%
ADX / DI 방향성
period=34, threshold=21
-0.8%-10.8%-0.14-0.070.9x2211%
EMA 크로스오버
fast=58, slow=205
-3.2%-32.6%-0.19-0.100.7x1950%
Buy and hold2.6%-40.4%0.230.061.3x1100%
1x 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -10% -20% -30% -40% 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -22.8% (2021-04-12 → 2026-05-05), 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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