Trend-Following Backtester · Guide · backtest 한국어

etf · IL

I.B.I. SAL (4A) Index Israel Banks IL backtest

10 trend-following strategies were compared on the full daily history of I.B.I. SAL (4A) Index Israel Banks IL. 3 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 19.0%, MDD -21.9%).

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

3 of 10 beat buy and hold (CAGR 18.4%, drawdown -39.3%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 13.0%, MDD -14.4%, Sharpe 1.26, 35% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 22.2%, MDD -22.0%, exposure 82%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 5.4%p lower than buy and hold, while drawdown improves by 24.9%p (CAGR 19.0%, MDD -21.9%, exposure 72%).

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=41, threshold=14
13.0%-14.4%1.260.902.3x1635%
Supertrend
period=22, mult=4.7
18.8%-28.1%1.250.673.3x1466%
ROC 모멘텀
n=135, threshold=-0.12
22.2%-22.0%1.241.014.0x382%
Donchian 채널 돌파
entryN=80, exitN=45
18.2%-24.7%1.230.743.2x661%
SMA 크로스오버
fast=37, slow=192
19.0%-21.9%1.160.873.4x472%
EMA 크로스오버
fast=40, slow=143
18.3%-25.2%1.120.723.2x472%
볼린저 밴드 돌파
n=69, k=1.4
12.0%-32.1%0.950.372.2x2452%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=22, mult=3.8
10.1%-31.9%0.950.321.9x1439%
Parabolic SAR
step=0.03, maxStep=0.12
4.7%-27.6%0.410.171.4x12659%
MACD
fast=23, slow=60, signal=14
1.2%-44.5%0.180.031.1x6551%
Buy and hold18.4%-39.3%0.930.473.2x1100%
1x 2020 2021 2022 2023 2024 2025 2026 ROC 모멘텀ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -10% -20% -29% -39% 2020 2021 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -14.4% (2026-02-12 → 2026-04-28), 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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