Trend-Following Backtester · Guide · backtest 한국어

etf · US

Cornerstone Strategic Investment Fund, Inc. backtest

10 trend-following strategies were compared on the full daily history of Cornerstone Strategic Investment Fund, Inc.. 10 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 0.1%, MDD -4.5%).

Data 2002-08-02 ~ 2026-07-31daily bars 6,037 (24.0 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -10.1%, drawdown -95.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 0.5%, MDD -11.3%, Sharpe 0.18, 2% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 0.8%, MDD -23.8%, exposure 9%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 10.6%p higher than buy and hold, while drawdown improves by 84.6%p (CAGR 0.1%, MDD -4.5%, 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
볼린저 밴드 돌파
n=25, k=3.3
0.5%-11.3%0.180.041.1x82%
ROC 모멘텀
n=65, threshold=0.14
0.8%-23.8%0.140.031.2x1009%
ADX / DI 방향성
period=25, threshold=36
0.1%-4.5%0.060.011.0x20%
Donchian 채널 돌파
entryN=55, exitN=13
-0.3%-67.8%0.03-0.000.9x7829%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=20, mult=3.3
-0.8%-53.8%-0.02-0.010.8x5621%
SMA 크로스오버
fast=65, slow=70
-2.2%-74.5%-0.04-0.030.6x18949%
Parabolic SAR
step=0.05, maxStep=0.3
-4.0%-80.9%-0.14-0.050.4x72355%
Supertrend
period=10, mult=4.4
-3.3%-76.3%-0.16-0.040.4x8435%
MACD
fast=15, slow=32, signal=19
-5.4%-82.4%-0.22-0.070.3x30254%
EMA 크로스오버
fast=31, slow=64
-4.8%-82.0%-0.22-0.060.3x7045%
Buy and hold-10.1%-95.9%-0.21-0.110.1x1100%
0.1 1x 2003 2006 2009 2012 2015 2018 2021 2024 ROC 모멘텀볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -24% -48% -72% -96% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdROC 모멘텀볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -11.3% (2003-07-01 → 2013-10-25), prior peak not yet recovered.

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 setupAll asset reports

Read next