Trend-Following Backtester · Guide · backtest 한국어

equity · AU

Wisetech Global Ltd. backtest

10 trend-following strategies were compared on the full daily history of Wisetech Global Ltd.. 1 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 24.6%, MDD -53.1%).

Data 2016-04-11 ~ 2026-07-31daily bars 2,610 (10.3 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 24.1%, drawdown -79.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 18.5%, MDD -40.9%, Sharpe 0.79, 33% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 24.6%, MDD -53.1%, exposure 74%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 5.6%p lower than buy and hold, while drawdown improves by 38.4%p (CAGR 24.6%, MDD -53.1%, exposure 74%).

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
볼린저 밴드 돌파
n=28, k=2.3
18.5%-40.9%0.790.455.8x5633%
Donchian 채널 돌파
entryN=22, exitN=78
24.6%-53.1%0.730.469.7x2474%
EMA 크로스오버
fast=46, slow=207
22.4%-47.8%0.710.478.0x1070%
SMA 크로스오버
fast=56, slow=69
21.1%-39.4%0.690.537.2x4261%
Parabolic SAR
step=0.025, maxStep=0.16
19.8%-56.9%0.680.356.4x22155%
ROC 모멘텀
n=69, threshold=-0.02
20.7%-55.0%0.680.386.9x7462%
Supertrend
period=8, mult=4.4
18.9%-50.3%0.660.386.0x4059%
ADX / DI 방향성
period=27, threshold=14
17.3%-34.9%0.660.505.2x10049%
MACD
fast=11, slow=17, signal=13
18.7%-55.0%0.650.345.8x17750%
Keltner 채널 돌파
emaPeriod=28, atrPeriod=12, mult=1.8
14.9%-51.7%0.640.294.2x7640%
Buy and hold24.1%-79.3%0.680.309.3x1100%
1x 10x 2017 2019 2021 2023 2025 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -20% -40% -59% -79% 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -40.9% (2019-07-29 → 2021-08-11), recovered after 1,122 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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