[NG] Strategy: CryptoMine - v1 - Low Drawdown - Beats Buy&Hold!
So, I created this strategy that works on BTCUSD 0.28% pair along with almost all ALT-BTC pairs, and ALT-USD pairs (i.e. the cryptosphere). Here are some of the considerations I had when creating this script:
- Should work on BTCUSD 0.28% , along with most ALT-BTC and ALT-USD pairs without modifying strategy parameters for individual pairs.
- Should work with several timeframes, esp -0.67% . 15m-4hr timeframes. Better if the parameters are adjusted for these timeframes, automatically.
- Should have a small MaxDrawdown. Arguably <50% for cryptos.
- Should beat buy and hold profits for the pair.
- Should have multiple modes for switching between: Higher Returns vs Lower Drawdowns, multiple Long/Short versions - one which allows me to do margin trading by using the short calls (so, LONG, SHORT and FLAT), and another one where I can use the short calls by exiting out of the market and entering when the short call ends (so, LONG and SHORT only).
- Should have proper risk management built-in. Moreover, TakeProfit and StopLoss will be defined at a fixed 20% each, which is reasonable for crypto markets. Most strategies I see on tradingview fail on this count.
After several weeks of building such a script, and testing it successfully on multiple pairs - here are the results. :)
ETHBTC
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Mode 1 (LONG and SHORT only)
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First Trade: 2015-08-10 09:30, Final Profit: 1474649.65%, Drawdown: 66.21%, PF: 2.149, Trades: 1059
--------------------------------------
Mode 2 (LONG, SHORT and FLAT positions)
First Trade: 2015-08-14 05:30, Final Profit: 715274.55%, Drawdown: 36.34%, PF: 2.806, Trades: 589
BTCUSD 0.28%
=======================================================================================
Mode 1 (LONG and SHORT only)
--------------------------------------
First Trade: 2015-01-03 21:30, Final Profit: 28944.04%, Drawdown: 44.87%, PF: 1.353, Trades: 1222
--------------------------------------
Mode 2 (LONG, SHORT and FLAT positions)
First Trade: 2015-01-11 13:30, Final Profit: 22522.28%, Drawdown: 27.77%, PF: 1.877, Trades: 669
NANOBNB
=======================================================================================
Mode 1 (LONG and SHORT only)
--------------------------------------
First Trade: 2018-02-04 23:30, Final Profit: 365.5%, Drawdown: 39.4%, PF: 1.967, Trades: 51
--------------------------------------
Mode 2 (LONG, SHORT and FLAT positions)
First Trade: 2015-01-11 13:30, Final Profit: 236.91%, Drawdown: 25.62%, PF: 3.692, Trades: 25
NOTE: I will not be sharing access to this script, since market saturation is a real thing. Send me an email at menikhguptacom - if you are really interested in this script.
- Should work on BTCUSD 0.28% , along with most ALT-BTC and ALT-USD pairs without modifying strategy parameters for individual pairs.
- Should work with several timeframes, esp -0.67% . 15m-4hr timeframes. Better if the parameters are adjusted for these timeframes, automatically.
- Should have a small MaxDrawdown. Arguably <50% for cryptos.
- Should beat buy and hold profits for the pair.
- Should have multiple modes for switching between: Higher Returns vs Lower Drawdowns, multiple Long/Short versions - one which allows me to do margin trading by using the short calls (so, LONG, SHORT and FLAT), and another one where I can use the short calls by exiting out of the market and entering when the short call ends (so, LONG and SHORT only).
- Should have proper risk management built-in. Moreover, TakeProfit and StopLoss will be defined at a fixed 20% each, which is reasonable for crypto markets. Most strategies I see on tradingview fail on this count.
After several weeks of building such a script, and testing it successfully on multiple pairs - here are the results. :)
ETHBTC
=======================================================================================
Mode 1 (LONG and SHORT only)
--------------------------------------
First Trade: 2015-08-10 09:30, Final Profit: 1474649.65%, Drawdown: 66.21%, PF: 2.149, Trades: 1059
--------------------------------------
Mode 2 (LONG, SHORT and FLAT positions)
First Trade: 2015-08-14 05:30, Final Profit: 715274.55%, Drawdown: 36.34%, PF: 2.806, Trades: 589
BTCUSD 0.28%
=======================================================================================
Mode 1 (LONG and SHORT only)
--------------------------------------
First Trade: 2015-01-03 21:30, Final Profit: 28944.04%, Drawdown: 44.87%, PF: 1.353, Trades: 1222
--------------------------------------
Mode 2 (LONG, SHORT and FLAT positions)
First Trade: 2015-01-11 13:30, Final Profit: 22522.28%, Drawdown: 27.77%, PF: 1.877, Trades: 669
NANOBNB
=======================================================================================
Mode 1 (LONG and SHORT only)
--------------------------------------
First Trade: 2018-02-04 23:30, Final Profit: 365.5%, Drawdown: 39.4%, PF: 1.967, Trades: 51
--------------------------------------
Mode 2 (LONG, SHORT and FLAT positions)
First Trade: 2015-01-11 13:30, Final Profit: 236.91%, Drawdown: 25.62%, PF: 3.692, Trades: 25
NOTE: I will not be sharing access to this script, since market saturation is a real thing. Send me an email at menikhguptacom - if you are really interested in this script.