Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Nutrien Ltd. backtest

10 trend-following strategies were compared on the full daily history of Nutrien Ltd.. 5 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 5.8%, MDD -35.1%).

Data 2018-01-02 ~ 2026-07-31daily bars 2,155 (8.6 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

5 of 10 beat buy and hold (CAGR 4.0%, drawdown -57.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 9.5%, MDD -37.7%, Sharpe 0.56, 43% exposure.

Return/drawdown alternative: Supertrend — CAGR is 5.5%p higher than buy and hold, while drawdown improves by 19.7%p (CAGR 5.8%, MDD -35.1%, exposure 49%).

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=67, exitN=66
9.5%-37.7%0.560.252.2x843%
SMA 크로스오버
fast=47, slow=51
9.5%-40.0%0.530.242.2x8251%
ROC 모멘텀
n=146, threshold=0
6.6%-43.7%0.400.151.7x2950%
Supertrend
period=32, mult=3.7
5.8%-35.1%0.380.161.6x4149%
EMA 크로스오버
fast=53, slow=167
5.8%-38.3%0.370.151.6x949%
볼린저 밴드 돌파
n=43, k=3.3
1.7%-12.7%0.290.131.2x22%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=26, mult=3.8
1.6%-21.2%0.240.081.2x64%
ADX / DI 방향성
period=27, threshold=20
1.9%-16.4%0.240.121.2x1812%
MACD
fast=19, slow=38, signal=29
-5.2%-53.2%-0.17-0.100.6x9145%
Parabolic SAR
step=0.04, maxStep=0.36
-10.0%-71.9%-0.35-0.140.4x29150%
Buy and hold4.0%-57.4%0.280.071.4x1100%
1x 2019 2020 2021 2022 2023 2024 2025 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -29% -43% -57% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -37.7% (2022-04-18 → 2025-04-08), recovered after 1,423 days.

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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