diff --git a/freqtrade/commands/arguments.py b/freqtrade/commands/arguments.py
index fa3c8bf5d..3f1fb9297 100755
--- a/freqtrade/commands/arguments.py
+++ b/freqtrade/commands/arguments.py
@@ -54,6 +54,7 @@ ARGS_BACKTEST = [
     "strategy_list",
     "export",
     "exportfilename",
+    "exportdirectory",
     "backtest_breakdown",
     "backtest_cache",
     "freqai_backtest_live_models",
@@ -94,7 +95,12 @@ ARGS_LIST_FREQAIMODELS = ["freqaimodel_path", "print_one_column"]
 
 ARGS_LIST_HYPEROPTS = ["hyperopt_path", "print_one_column"]
 
-ARGS_BACKTEST_SHOW = ["exportfilename", "backtest_show_pair_list", "backtest_breakdown"]
+ARGS_BACKTEST_SHOW = [
+    "exportfilename",
+    "exportdirectory",
+    "backtest_show_pair_list",
+    "backtest_breakdown",
+]
 
 ARGS_LIST_EXCHANGES = ["print_one_column", "list_exchanges_all", "trading_mode", "dex_exchanges"]
 
diff --git a/freqtrade/commands/cli_options.py b/freqtrade/commands/cli_options.py
index 446e0fad7..33dc8fc61 100755
--- a/freqtrade/commands/cli_options.py
+++ b/freqtrade/commands/cli_options.py
@@ -209,6 +209,12 @@ AVAILABLE_CLI_OPTIONS = {
         help="Add notes to the backtest results.",
         metavar="TEXT",
     ),
+    "exportdirectory": Arg(
+        "--export-directory",
+        help="Directory to use for backtest results."
+        "Example: `--export-directory=user_data/backtest_results/`",
+        metavar="PATH",
+    ),
     "exportfilename": Arg(
         "--backtest-filename",
         "--export-filename",
diff --git a/freqtrade/configuration/configuration.py b/freqtrade/configuration/configuration.py
index e2601ee48..62d7d41f4 100644
--- a/freqtrade/configuration/configuration.py
+++ b/freqtrade/configuration/configuration.py
@@ -209,13 +209,27 @@ class Configuration:
         config.update({"datadir": create_datadir(config, self.args.get("datadir"))})
         logger.info("Using data directory: %s ...", config.get("datadir"))
 
+        self._args_to_config(
+            config, argname="exportdirectory", logstring="Using {} as backtest directory ..."
+        )
+
         if self.args.get("exportfilename"):
             self._args_to_config(
                 config, argname="exportfilename", logstring="Storing backtest results to {} ..."
             )
             config["exportfilename"] = Path(config["exportfilename"])
-        else:
-            config["exportfilename"] = config["user_data_dir"] / "backtest_results"
+            if config["exportdirectory"].is_dir():
+                logger.warning(
+                    "DEPRECATED: Using `--export-filename` with directories is deprecated, "
+                    "use `--export-directory` instead."
+                )
+                if config.get("exportdirectory") is None:
+                    # Fallback - assign export-directory directly.
+                    config["exportdirectory"] = config["exportfilename"]
+
+        if not config.get("exportdirectory"):
+            config["exportdirectory"] = config["user_data_dir"] / "backtest_results"
+        config["exportdirectory"] = Path(config["exportdirectory"])
 
         if self.args.get("show_sensitive"):
             logger.warning(