Trend-Following Backtester · Guide · backtest 한국어

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BTS Rail Mass Transit Growth Infrastructure Fund backtest

10 trend-following strategies were compared on the full daily history of BTS Rail Mass Transit Growth Infrastructure Fund. 9 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 0.7%, MDD -5.7%).

Data 2013-04-17 ~ 2026-07-31daily bars 3,233 (13.3 years)Costs 0.5%Venue SETMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -10.7%, drawdown -81.2%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 0.7%, MDD -5.7%, Sharpe 0.26, 2% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 11.3%p higher than buy and hold, while drawdown improves by 75.5%p (CAGR 0.7%, MDD -5.7%, 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=35, threshold=35
0.7%-5.7%0.260.121.1x62%
EMA 크로스오버
fast=40, slow=167
-0.4%-25.5%-0.00-0.011.0x1029%
SMA 크로스오버
fast=55, slow=152
-0.9%-30.2%-0.07-0.030.9x2029%
ROC 모멘텀
n=102, threshold=0.11
-2.3%-39.5%-0.16-0.060.7x145%
Parabolic SAR
step=0.005, maxStep=0.22
-5.5%-61.3%-0.16-0.090.5x6639%
Supertrend
period=19, mult=4.5
-5.4%-57.1%-0.17-0.090.5x3240%
Keltner 채널 돌파
emaPeriod=46, atrPeriod=18, mult=1.7
-5.9%-60.2%-0.23-0.100.4x6221%
Donchian 채널 돌파
entryN=90, exitN=40
-3.8%-49.7%-0.25-0.080.6x1622%
볼린저 밴드 돌파
n=17, k=3.4
-3.3%-35.9%-0.28-0.090.6x20%
MACD
fast=17, slow=22, signal=14
-14.5%-87.8%-0.89-0.170.1x19351%
Buy and hold-10.7%-81.2%-0.32-0.130.2x1100%
1x 2014 2016 2018 2020 2022 2024 2026 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -81% 2014 2016 2018 2020 2022 2024 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -5.7% (2016-05-12 → 2016-05-23), recovered after 1,653 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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