Trend-Following Backtester · Guide · backtest 한국어

equity · AU

Transurban Group Ltd. backtest

10 trend-following strategies were compared on the full daily history of Transurban Group Ltd.. 1 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 1996-03-28 ~ 2026-07-31daily bars 7,742 (30.3 years)Costs 0.5%Venue ASXMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 8.7%, drawdown -56.8%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 3.2%, MDD -8.4%, Sharpe 0.49, 7% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 9.2%, MDD -52.6%, exposure 100%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

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
ADX / DI 방향성
period=34, threshold=38
3.2%-8.4%0.490.382.6x87%
ROC 모멘텀
Hold-like · Exposure 100%
n=2, threshold=-0.14
9.2%-52.6%0.480.1714.4x5100%
Supertrend
period=11, mult=4.7
5.9%-43.3%0.420.145.7x9358%
Donchian 채널 돌파
entryN=29, exitN=77
5.9%-45.9%0.400.135.7x6176%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=17, mult=4
2.5%-20.2%0.390.122.1x206%
볼린저 밴드 돌파
n=50, k=3.5
2.2%-15.2%0.350.152.0x209%
SMA 크로스오버
fast=23, slow=72
4.0%-58.5%0.310.073.3x11459%
EMA 크로스오버
fast=26, slow=109
3.6%-63.9%0.290.062.9x7965%
MACD
fast=31, slow=88, signal=17
1.2%-61.0%0.150.021.4x24852%
Parabolic SAR
step=0.005, maxStep=0.22
-0.8%-73.1%0.04-0.010.8x24056%
Buy and hold8.7%-56.8%0.460.1512.7x1100%
1x 10x 1997 2001 2005 2009 2013 2017 2021 2025 ROC 모멘텀ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -14% -28% -43% -57% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdROC 모멘텀ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -8.4% (1996-12-29 → 1997-05-02), recovered after 151 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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