BTC-MONA on Bittrex Backtest Analysis for Gunbot Strategy BB RSI
Following 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
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.