Trend-Following Backtester · Guide · backtest 한국어

equity · KR

F&F backtest

10 trend-following strategies were compared on the full daily history of F&F. 4 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 3.9%, MDD -6.3%).

Data 2021-05-21 ~ 2026-07-31daily bars 1,270 (5.2 years)Costs 0.5%Venue XKRXMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR -0.6%, drawdown -75.8%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 3.9%, MDD -6.3%, Sharpe 0.78, 2% exposure.

CAGR reference leader: Parabolic SAR — CAGR 6.1%, MDD -58.8%, exposure 49%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 4.4%p higher than buy and hold, while drawdown improves by 69.5%p (CAGR 3.9%, MDD -6.3%, exposure 2%).

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=28, threshold=29
3.9%-6.3%0.780.611.2x22%
Parabolic SAR
step=0.03, maxStep=0.18
6.1%-58.8%0.350.101.4x13149%
Supertrend
period=28, mult=1.5
3.2%-61.1%0.250.051.2x7347%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=18, mult=3.6
1.6%-26.3%0.200.061.1x69%
MACD
fast=11, slow=19, signal=8
-3.9%-64.7%0.02-0.060.8x10349%
SMA 크로스오버
fast=50, slow=143
-2.2%-38.5%0.01-0.060.9x930%
볼린저 밴드 돌파
n=20, k=2
-3.3%-50.8%-0.08-0.060.8x3624%
ROC 모멘텀
n=54, threshold=0.06
-5.3%-55.4%-0.16-0.100.8x6027%
Donchian 채널 돌파
entryN=26, exitN=7
-5.8%-59.9%-0.22-0.100.7x3423%
EMA 크로스오버
fast=44, slow=55
-12.7%-72.1%-0.42-0.180.5x1740%
Buy and hold-0.6%-75.8%0.20-0.011.0x1100%
1x 2022 2023 2024 2025 2026 Parabolic SARADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Parabolic SAR (CAGR reference), Buy and hold.
0% -19% -38% -57% -76% 2022 2023 2024 2025 2026 Buy and holdParabolic SARADX / DI 방향성
ADX / DI 방향성 maximum drawdown -6.3% (2021-08-18 → 2021-08-20), recovered after 8 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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