Trend-Following Backtester · Guide · backtest 한국어

equity · AU

4DMedical Ltd. backtest

10 trend-following strategies were compared on the full daily history of 4DMedical Ltd.. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 44.0%, MDD -38.1%).

Data 2020-08-07 ~ 2026-07-31daily bars 1,514 (6.0 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 14.7%, drawdown -91.5%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 47.9%, MDD -50.2%, Sharpe 0.90, 19% exposure.

CAGR reference leader: MACD — CAGR 50.8%, MDD -64.4%, exposure 47%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 33.2%p higher than buy and hold, while drawdown improves by 41.3%p (CAGR 44.0%, MDD -38.1%, exposure 11%).

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=81, exitN=33
47.9%-50.2%0.900.9510.4x619%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=15, mult=3.1
44.0%-38.1%0.891.168.8x1611%
MACD
fast=14, slow=22, signal=16
50.8%-64.4%0.860.7911.7x8247%
볼린저 밴드 돌파
n=30, k=1.9
45.0%-55.4%0.850.819.2x3222%
ROC 모멘텀
n=82, threshold=0.06
39.1%-65.1%0.790.607.2x5233%
ADX / DI 방향성
period=12, threshold=37
28.9%-47.9%0.710.604.6x2814%
SMA 크로스오버
fast=58, slow=101
30.1%-69.9%0.700.434.8x1436%
EMA 크로스오버
fast=37, slow=184
21.6%-70.1%0.600.313.2x728%
Supertrend
period=14, mult=1.5
21.7%-78.6%0.600.283.2x9237%
Parabolic SAR
step=0.03, maxStep=0.32
20.4%-73.6%0.590.283.0x14342%
Buy and hold14.7%-91.5%0.590.162.3x1100%
1x 10x 2021 2022 2023 2024 2025 2026 MACDDonchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -23% -46% -69% -92% 2021 2022 2023 2024 2025 2026 Buy and holdMACDDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -50.2% (2026-04-10 → 2026-05-08), 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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