Trend-Following Backtester · Guide · backtest 한국어

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BetaPro S&P 500 -2x Daily Bear ETF backtest

10 trend-following strategies were compared on the full daily history of BetaPro S&P 500 -2x Daily Bear ETF. 10 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 -0.0%, MDD -4.7%).

Data 2008-07-24 ~ 2026-07-31daily bars 4,522 (18.0 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -27.3%, drawdown -99.9%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR -0.0%, MDD -4.7%, Sharpe -0.01, 0% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 27.3%p higher than buy and hold, while drawdown improves by 95.2%p (CAGR -0.0%, MDD -4.7%, exposure 0%).

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=33
-0.0%-4.7%-0.01-0.011.0x40%
볼린저 밴드 돌파
n=13, k=3
-1.1%-41.8%-0.01-0.030.8x202%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=19, mult=4
-2.0%-44.2%-0.02-0.050.7x162%
ROC 모멘텀
n=7, threshold=0.12
-2.6%-56.4%-0.04-0.050.6x803%
Supertrend
period=12, mult=4.5
-11.2%-95.1%-0.22-0.120.1x7532%
EMA 크로스오버
fast=28, slow=36
-10.8%-93.4%-0.24-0.120.1x6220%
Donchian 채널 돌파
entryN=39, exitN=20
-10.3%-91.7%-0.26-0.110.1x6218%
SMA 크로스오버
fast=10, slow=129
-9.4%-89.4%-0.30-0.110.2x4014%
Parabolic SAR
step=0.01, maxStep=0.06
-15.2%-96.2%-0.41-0.160.1x20130%
MACD
fast=18, slow=26, signal=15
-22.1%-99.5%-0.63-0.220.0x27752%
Buy and hold-27.3%-99.9%-0.63-0.270.0x1100%
0.01 0.1 1x 2009 2012 2015 2018 2021 2024 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -75% -100% 2009 2012 2015 2018 2021 2024 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -4.7% (2018-02-08 → 2018-02-13), prior peak not yet recovered.

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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