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Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Chemtrade Logistics Income Fund backtest

10 trend-following strategies were compared on the full daily history of Chemtrade Logistics Income Fund. 2 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 2.2%, MDD -21.4%).

Data 2001-07-18 ~ 2026-07-31daily bars 6,321 (25.0 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 1.9%, drawdown -84.1%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 2.2%, MDD -21.4%, Sharpe 0.35, 8% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 3.6%, MDD -68.0%, exposure 63%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 0.3%p higher than buy and hold, while drawdown improves by 62.7%p (CAGR 2.2%, MDD -21.4%, exposure 8%).

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=37, threshold=25
2.2%-21.4%0.350.101.7x268%
Donchian 채널 돌파
entryN=41, exitN=51
3.6%-68.0%0.270.052.4x6563%
SMA 크로스오버
fast=28, slow=96
1.8%-66.1%0.190.031.6x8256%
EMA 크로스오버
fast=45, slow=77
1.8%-61.1%0.190.031.5x6358%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=21, mult=3.7
1.6%-38.0%0.190.041.5x5424%
ROC 모멘텀
n=99, threshold=-0.06
1.1%-62.1%0.160.021.3x16571%
볼린저 밴드 돌파
n=50, k=2.6
1.2%-47.9%0.160.031.4x6623%
Supertrend
period=28, mult=4
0.6%-70.3%0.130.011.2x11260%
Parabolic SAR
step=0.01, maxStep=0.12
0.0%-75.2%0.110.001.0x29654%
MACD
fast=11, slow=57, signal=19
-1.6%-74.4%0.03-0.020.7x31350%
Buy and hold1.9%-84.1%0.220.021.6x1100%
1x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -21% -42% -63% -84% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -21.4% (2002-05-30 → 2009-12-18), recovered after 2,847 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.
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