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Backtest

BTC-STEEM on Bittrex: Backtest for Gunbot BB-STEPGAINIn the constant search for pairs that are able to generate profit within a trading bot, while reducing drawdown and losing trades, I've been playing with different indicator settings within those available for Gunbot. Using the built in RSI buy and sell level indicators, as well as removing the BollingerBand selling points, I've started to see a trend for un-pumped and slower growth/ranging pairs: BB buy, Stepgain sell. The following backtest buys STEEM at RSI > 35 (trending up), Lower Bollinger Band buy at 10, and sells at 2% and 8% stepgain intervals (no RSI indicator for sell). The timeframe for this test includes the January dips, 1/1/2018 to 2/2/2018. The total estimated return from this test is 80%, while a buy and hold would generate 27% (roughly 3x return from buy and hold). This setting is live now for myself, and I'll keep the reigns held tight - and adjust settings moving forward depending on how relevant the indicators continue to be. -Keade
by keade
1
BTC-MONA on Bittrex Backtest Analysis for Gunbot Strategy BB RSIFollowing MONA for the past year, 1/1/2017-1/1/2018, the buy and hold growth was 39.34%, which when setting up a fairly basic BB strategy of bb_low: 0 and bb_high: 0, with RSI at buy 30, sell 70, the estimated net profit is 95.23%, almost 3x your holding earnings. This strategy would execute one trade a month (roughly), and you need to have bag holding balls because there are long stints of drawdowns. I might be setting this up on the gunbot for the next 3-6 months to see if the per-trade averages can keep consistent with last year's performance, and barring any price spikes, it'd be great to see this beat the buy and hold %. -Keade
by keade
1
EURNOK Daily Price-Action Positive for LongsDisclosure: 2 x RM Long Positions. Prices not revealed to Public. I like long EURNOK and am putting my money where my mouse is. What I see: (1) Break-Out above Upper-Bound of Falling Weekly Channel. (2) Successful Back-Test & Continuation of (1) @ 9.22 level and 50% Fib Retracement of (1). Why I like the Trade: (A) Price Action: Strong Daily bounce at (2); Technical levels held; Reversal & Momentum challenging resistance levels. (B) Behaviour: Bulls encouraged by follow-through; new shorts pressured to cover. (C) Risk Management: 50% of position treated as short-term scalp; can easily adjust the capital exposure <> initial outlay. (D) Trade Selection: Trend-following; Back-Test; Continuation-Confirmation all align with my process.
Long
by ColinHughes
Monero: new long positions wait for backtest old resistanceMonero took out the old resistance at approx 0.025 with a bang on news it will get listed on Korean exchanges. It didn't bother to look back very much, just went for the moon :) In this proces RSI has formed a beautiful example of batmansears (double peak). Look for RSI to fall in the coming days and Monero to test the old resistance line. It is a horizontal line that has served as tough resistance in the past.. and it would surprise me if Monero does not give it the courtesy of a short revisit. Expect the line to serve as support this time and for Monero to continue its travels upwards after a succesfull test.. But don't act until the backtest has been succesfully performed, a break would give more downside potential. React don't anticipate!
by yuri72
5
WTI Crude - Quick Backtest Bounce, then Short.I've entered a small long here, off the support above $52. This support goes back a long way, look at it on the weekly. I'm targeting the retest of the pink up channel we just broke, or the blue horizontal channel. Longer term though, I think oil looks extended, and I don't think supply is set to fall much. So I'd be interested to look for a short position right where this long ends. Looking for a good reversal at those levels on the hourly or 30 min bars to go short. If taking that short, watch out for $52, as I said, goes back a long way. If broken, $50 shouldn't be far away IMO.
TVC:USOILLong
by BobVanders