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Trend-Following Backtester · Guide · backtest 한국어

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First Trust Health Care AlphaDEX backtest

10 trend-following strategies were compared on the full daily history of First Trust Health Care AlphaDEX. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2007-05-10 ~ 2026-07-31daily bars 4,837 (19.2 years)Costs 0.5%Venue XASEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.1%, drawdown -43.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.1%, MDD -29.1%, Sharpe 0.65, 57% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 8.8%, MDD -40.3%, exposure 97%. It is hold-like at 95%+ exposure and is not used as the featured strategy.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
Donchian 채널 돌파
entryN=117, exitN=67
7.1%-29.1%0.650.253.8x2757%
ROC 모멘텀
Hold-like · Exposure 97%
n=26, threshold=-0.12
8.8%-40.3%0.580.225.1x2997%
SMA 크로스오버
fast=59, slow=107
7.3%-38.5%0.560.193.9x4164%
Supertrend
period=29, mult=4.9
6.1%-31.5%0.550.193.1x7564%
EMA 크로스오버
fast=9, slow=198
6.4%-33.2%0.540.193.3x5168%
볼린저 밴드 돌파
n=59, k=1.2
4.9%-18.9%0.500.262.5x9753%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=22, mult=4
2.9%-16.9%0.380.171.7x5134%
Parabolic SAR
step=0.005, maxStep=0.36
-0.1%-46.8%0.05-0.001.0x18763%
ADX / DI 방향성
period=32, threshold=14
-0.6%-29.0%-0.03-0.020.9x11127%
MACD
fast=9, slow=55, signal=22
-1.5%-35.3%-0.07-0.040.7x25753%
Buy and hold10.1%-43.7%0.600.236.3x1100%
1x 2008 2011 2014 2017 2020 2023 2026 ROC 모멘텀Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -11% -22% -33% -44% 2008 2011 2014 2017 2020 2023 2026 Buy and holdROC 모멘텀Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -29.1% (2021-09-03 → 2025-09-25), prior peak not yet recovered.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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 US assetsAll asset reports

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