diff --git a/backend/src/main/java/com/goldenchart/dto/BacktestSettingsDto.java b/backend/src/main/java/com/goldenchart/dto/BacktestSettingsDto.java
index 0eac027..a83a1f1 100644
--- a/backend/src/main/java/com/goldenchart/dto/BacktestSettingsDto.java
+++ b/backend/src/main/java/com/goldenchart/dto/BacktestSettingsDto.java
@@ -90,7 +90,7 @@ public class BacktestSettingsDto {
     // ── 포지션 종속성 모드 ─────────────────────────────────────────────────────
     /** "LONG_ONLY" | "SIGNAL_ONLY" — 매도 시그널 포지션 종속성 제어 */
     @Builder.Default
-    private String positionMode = "LONG_ONLY";
+    private String positionMode = "SIGNAL_ONLY";
 
     // ── 분할 청산 ──────────────────────────────────────────────────────────────
     @Builder.Default
diff --git a/backend/src/main/java/com/goldenchart/service/BacktestingService.java b/backend/src/main/java/com/goldenchart/service/BacktestingService.java
index dacac76..d383929 100644
--- a/backend/src/main/java/com/goldenchart/service/BacktestingService.java
+++ b/backend/src/main/java/com/goldenchart/service/BacktestingService.java
@@ -160,56 +160,18 @@ public class BacktestingService {
             double exitPrice  = getPrice(series, req.getBars(), i, cfg.getExitPriceType());
             long   time       = series.getBar(i).getEndTime().getEpochSecond();
 
-            // ── SIGNAL_ONLY 모드: 지표 시그널은 포지션 무관, 체결·레포트는 LONG_ONLY와 동일 ──
+            // ── SIGNAL_ONLY 모드: 포지션·자금 상태 무관, 조건 충족 시마다 전체 시그널 생성 ──
             if (signalOnly) {
-                if (!inPosition) {
-                    if (i - lastExitBar <= reentryWait && lastExitBar >= 0) {
-                        if (useLedger) ledger.markToMarket(closePrice);
-                        continue;
-                    }
-                    if (entryRule.isSatisfied(i)) {
-                        double effEntry = applySlippage(closePrice, cfg, true);
-                        double qty = enterPosition(ledger, useLedger, equity, tradeSizePct,
-                                effEntry, closePrice, record, i, series, time);
-                        if (qty > 0) {
-                            String sigType = "SHORT".equals(direction) ? "SHORT_ENTRY" : "BUY";
-                            signals.add(buildFillSignal(time, sigType, effEntry, i, qty));
-                            entryPrice  = effEntry;
-                            entryBarIdx = i;
-                            inPosition  = true;
-                            partialDone = false;
-                            if (useLedger) equity = ledger.portfolioValue(closePrice);
-                        }
-                    }
-                } else {
-                    if (partialExit && !partialDone && exitRule.isSatisfied(i)) {
-                        double effExit = applySlippage(exitPrice, cfg, false);
-                        double qty = applyExit(ledger, useLedger, equity, tradeSizePct, entryPrice,
-                                effExit, partialPct, direction, cfg, simGrossProfit, simGrossLoss, time, i);
-                        if (qty > 0) {
-                            signals.add(buildFillSignal(time, "PARTIAL_SELL", effExit, i, qty));
-                            partialDone = true;
-                            if (useLedger) equity = ledger.portfolioValue(closePrice);
-                        }
-                    } else if (exitRule.isSatisfied(i)) {
-                        double effExit = applySlippage(exitPrice, cfg, false);
-                        double size = partialDone ? (1.0 - partialPct) : 1.0;
-                        double qty = applyExit(ledger, useLedger, equity, tradeSizePct, entryPrice, effExit,
-                                size, direction, cfg, simGrossProfit, simGrossLoss, time, i);
-                        if (qty > 0) {
-                            Num numExitPrice = series.numFactory().numOf(effExit);
-                            Num numShares    = record.getCurrentPosition().getEntry().getAmount();
-                            record.exit(i, numExitPrice, numShares);
-                            String sigType = "SHORT".equals(direction) ? "SHORT_EXIT" : "SELL";
-                            signals.add(buildFillSignal(time, sigType, effExit, i, qty));
-                            inPosition  = false;
-                            lastExitBar = i;
-                            partialDone = false;
-                            if (useLedger) equity = ledger.portfolioValue(closePrice);
-                        }
-                    }
+                if (entryRule.isSatisfied(i)) {
+                    double effEntry = applySlippage(closePrice, cfg, true);
+                    String buyType  = "SHORT".equals(direction) ? "SHORT_ENTRY" : "BUY";
+                    signals.add(buildFillSignal(time, buyType, effEntry, i, 1.0));
+                }
+                if (exitRule.isSatisfied(i)) {
+                    double effExit = applySlippage(exitPrice, cfg, false);
+                    String sellType = "SHORT".equals(direction) ? "SHORT_EXIT" : "SELL";
+                    signals.add(buildFillSignal(time, sellType, effExit, i, 1.0));
                 }
-                if (useLedger) ledger.markToMarket(closePrice);
                 continue;
             }
 
diff --git a/frontend/src/components/BacktestSettingsModal.tsx b/frontend/src/components/BacktestSettingsModal.tsx
index b39f795..bcc00cd 100644
--- a/frontend/src/components/BacktestSettingsModal.tsx
+++ b/frontend/src/components/BacktestSettingsModal.tsx
@@ -15,6 +15,11 @@ interface FieldMeta {
 }
 
 const FIELD_META: Partial<Record<keyof BacktestSettingsDto, FieldMeta>> = {
+  positionMode: {
+    label: '시그널 생성 방식',
+    description:
+      '백테스팅 시 매수·매도 시그널을 어떻게 생성할지 결정합니다.\n• 순수 지표 기준(SIGNAL_ONLY): 포지션·자금 보유 여부와 무관하게 전략 조건이 충족되는 모든 구간에서 시그널을 생성합니다. 지표 조건이 실제로 몇 번 발생하는지 확인할 때 사용합니다.\n• 실거래 기준(LONG_ONLY): 1회 매수 후 매도할 때까지 재매수를 차단합니다. 실제 자본 운용 시뮬레이션에 사용합니다.',
+  },
   analysisMethod: {
     label: '투자분석 방식',
     description:
@@ -134,6 +139,18 @@ interface SettingSection {
 }
 
 const SECTIONS: SettingSection[] = [
+  {
+    title: '🎯 시그널 생성 방식',
+    fields: [
+      {
+        key: 'positionMode', type: 'select',
+        opts: [
+          { value: 'SIGNAL_ONLY', label: '순수 지표 기준 (모든 시그널 생성)' },
+          { value: 'LONG_ONLY',   label: '실거래 기준 (포지션 1회 제한)' },
+        ],
+      },
+    ],
+  },
   {
     title: '📊 투자분석 방식',
     fields: [
diff --git a/frontend/src/utils/backendApi.ts b/frontend/src/utils/backendApi.ts
index 23591fd..66f80c7 100644
--- a/frontend/src/utils/backendApi.ts
+++ b/frontend/src/utils/backendApi.ts
@@ -1286,7 +1286,7 @@ export const DEFAULT_BACKTEST_SETTINGS: BacktestSettingsDto = {
   maxOpenTrades:       1,
   partialExitEnabled:  false,
   partialExitPct:      50,
-  positionMode:        'LONG_ONLY',
+  positionMode:        'SIGNAL_ONLY',
   analysisMethod:      'MARK_TO_MARKET',
 };