Trend-Following Backtester · Guide · backtest 한국어

equity · NZ

Port of Tauranga Limited backtest

10 trend-following strategies were compared on the full daily history of Port of Tauranga Limited. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 2000-01-04 ~ 2026-07-30daily bars 6,721 (26.6 years)Costs 0.5%Venue NZXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.2%, drawdown -91.5%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.3%, MDD -21.2%, Sharpe 0.36, 14% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 6.6%, MDD -91.8%, exposure 89%.

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=67, threshold=19
2.3%-21.2%0.360.111.8x1614%
Donchian 채널 돌파
entryN=18, exitN=101
6.6%-91.8%0.330.075.4x4589%
ROC 모멘텀
Hold-like · Exposure 97%
n=53, threshold=-0.15
5.3%-91.6%0.330.063.9x5397%
EMA 크로스오버
fast=63, slow=221
6.2%-93.3%0.330.075.0x2973%
SMA 크로스오버
fast=53, slow=218
5.9%-91.8%0.330.064.6x3368%
MACD
fast=13, slow=23, signal=11
-17.7%-99.5%0.19-0.180.0x52449%
볼린저 밴드 돌파
n=73, k=2.9
-21.8%-99.9%-0.27-0.220.0x4824%
Supertrend
period=13, mult=5
-24.4%-100.0%-0.28-0.240.0x11763%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=27, mult=3.1
-22.9%-99.9%-0.29-0.230.0x10436%
Parabolic SAR
step=0.005, maxStep=0.32
-25.0%-100.0%-0.33-0.250.0x18651%
Buy and hold9.2%-91.5%0.340.1010.3x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -23% -46% -69% -92% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -21.2% (2013-04-23 → 2019-06-03), recovered after 2,431 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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