Trend-Following Backtester · Guide · backtest 한국어

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Flight Centre Travel Group Limited backtest

10 trend-following strategies were compared on the full daily history of Flight Centre Travel Group Limited. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 9.7%, MDD -56.8%).

Data 1995-12-28 ~ 2026-07-31daily bars 7,807 (30.6 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 7.3%, drawdown -89.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 14.0%, MDD -60.1%, Sharpe 0.68, 44% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 6.7%p higher than buy and hold, while drawdown improves by 29.3%p (CAGR 9.7%, MDD -56.8%, exposure 32%).

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=66, k=1.4
14.0%-60.1%0.680.2354.3x11144%
Donchian 채널 돌파
entryN=83, exitN=34
13.0%-61.8%0.670.2142.4x6941%
Keltner 채널 돌파
emaPeriod=48, atrPeriod=27, mult=1.6
13.4%-57.5%0.650.2346.7x16746%
EMA 크로스오버
fast=13, slow=34
13.9%-74.6%0.630.1953.6x15556%
SMA 크로스오버
fast=9, slow=41
12.8%-74.6%0.590.1740.2x21355%
Supertrend
period=8, mult=4.4
12.9%-67.3%0.580.1940.5x13555%
ADX / DI 방향성
period=42, threshold=16
9.7%-56.8%0.560.1716.9x10832%
ROC 모멘텀
n=143, threshold=0.02
9.7%-62.1%0.490.1616.8x21653%
Parabolic SAR
step=0.005, maxStep=0.22
8.6%-73.5%0.440.1212.4x22556%
MACD
fast=17, slow=45, signal=33
6.3%-70.4%0.360.096.4x26353%
Buy and hold7.3%-89.4%0.370.088.5x1100%
1x 10x 100x 1996 2000 2004 2008 2012 2016 2020 2024 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -89% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -60.1% (2018-08-20 → 2025-11-26), prior peak not yet recovered.

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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