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