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Trend-Following Backtester · Guide · backtest 한국어

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Samsung KODEX Silver Futures Special Asset ETF backtest

10 trend-following strategies were compared on the full daily history of Samsung KODEX Silver Futures Special Asset ETF. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.9%, MDD -38.2%).

Data 2011-07-18 ~ 2026-07-31daily bars 3,665 (15.0 years)Costs 0.5%Venue KRXMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -0.5%, drawdown -76.6%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 4.9%, MDD -39.3%, Sharpe 0.38, 18% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 5.4%p higher than buy and hold, while drawdown improves by 37.3%p (CAGR 2.9%, MDD -38.2%, exposure 10%).

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
볼린저 밴드 돌파
n=37, k=2.8
4.9%-39.3%0.380.122.0x4018%
SMA 크로스오버
fast=39, slow=146
4.1%-49.3%0.300.081.8x2844%
Supertrend
period=15, mult=4.3
3.5%-47.6%0.280.071.7x9041%
ADX / DI 방향성
period=25, threshold=21
2.9%-38.2%0.270.081.5x3010%
Donchian 채널 돌파
entryN=114, exitN=25
2.6%-41.3%0.250.061.5x2416%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=20, mult=1.6
2.0%-48.4%0.210.041.3x10433%
ROC 모멘텀
n=93, threshold=0.13
1.8%-49.3%0.200.041.3x8018%
EMA 크로스오버
fast=43, slow=101
1.6%-53.2%0.190.031.3x3043%
MACD
fast=12, slow=49, signal=12
0.7%-49.4%0.150.021.1x19950%
Parabolic SAR
step=0.01, maxStep=0.26
-1.2%-71.8%0.05-0.020.8x16948%
Buy and hold-0.5%-76.6%0.15-0.010.9x1100%
1x 2012 2014 2016 2018 2020 2022 2024 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -38% -57% -77% 2012 2014 2016 2018 2020 2022 2024 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -39.3% (2013-08-28 → 2019-07-09), recovered after 2,535 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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 setupMore KR assetsAll asset reports

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