Trend-Following Backtester · Guide · backtest 한국어

etf · IL

KSM ETF (6A) Short Leveraged TA-35 x2 Monthly Units backtest

10 trend-following strategies were compared on the full daily history of KSM ETF (6A) Short Leveraged TA-35 x2 Monthly Units. 2 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester.

Data 2019-08-14 ~ 2026-07-31daily bars 1,394 (7.0 years)Costs 0.5%Venue TASEMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 36.7%, drawdown -89.1%).

Sharpe leader (same as main): MACD — CAGR 61.1%, MDD -74.6%, Sharpe 0.42, 49% exposure.

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
MACD
fast=18, slow=58, signal=18
61.1%-74.6%0.420.8227.6x5249%
Parabolic SAR
step=0.035, maxStep=0.2
45.6%-86.8%0.420.5313.7x15540%
Keltner 채널 돌파
emaPeriod=18, atrPeriod=16, mult=3.8
1.6%-27.5%0.210.061.1x66%
ROC 모멘텀
n=5, threshold=0.11
1.5%-31.1%0.210.051.1x343%
볼린저 밴드 돌파
n=37, k=2.9
-0.3%-39.3%0.05-0.011.0x87%
SMA 크로스오버
fast=18, slow=52
-6.1%-59.8%-0.21-0.100.6x2329%
ADX / DI 방향성
period=18, threshold=38
-0.9%-12.0%-0.21-0.080.9x24%
Supertrend
period=27, mult=3.6
-7.9%-64.0%-0.30-0.120.6x3137%
Donchian 채널 돌파
entryN=90, exitN=32
-8.1%-63.2%-0.44-0.130.6x1017%
EMA 크로스오버
fast=19, slow=40
-10.8%-74.2%-0.51-0.140.5x2928%
Buy and hold36.7%-89.1%0.420.418.8x1100%
1x 10x 2020 2021 2022 2023 2024 2025 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -45% -67% -89% 2020 2021 2022 2023 2024 2025 2026 Buy and holdMACD
MACD maximum drawdown -74.6% (2021-05-11 → 2026-05-08), prior peak not yet recovered.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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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