CleoFinance

Bull or bear beat holding +249.2% over a year, in profit in May

Education
BINANCE:ETHBTC   Ethereum / Bitcoin
As traders we look to capitalise on all sort of markets, not just parabolic runs. Today we are exploring how to run a long strategy even when the bulls are not in control.

WILL POST LAST 50 POSITIONS BELOW

We are looking for an strategy that:
1. has been beating buy and hold all year
2. Has a drawdown of max 15% in may 2021
3. Is simple to execute and automate

Not all candlestick patterns are created equal, and they do not work on all markets. However they do work in crypto, at least based on experience as they are not tough to identify and speculators tend to react to them.
This is why we focused on candles that are not that difficult to identify and are very clear in meaning.

The strategy (FULL INSTRUCTIONS):

On the 30 min timeframe:
We are going to open a position when the candle is a bullish Engulfing
We are going to close the position when the candle is bearish Marubozu
No stop loss or take profit, these are the only rules we follow, but we follow them a 100% of the time.

The results:
The strategy brought in 249.17%, beating holding. If you started trading this a year ago with 1 Bitcoin, you would be 2.4917 BTC in profit at the moment. What's even better the max drawdown throughout the year was 22.7% and it was actually in February.
During May we were only 11% down at a certain point.
This provides a Sortino Ratio of 5.44 which is a stellar mark for these volatile markets.

The positions:

31/05/2021 04:30
31/05/2021 14:00
10 hours
OP 0.06681
CP 0.068884
+3.1%

29/05/2021 21:30
30/05/2021 19:30
22 hours
OP 0.065407
CP 0.067746
+3.58%

29/05/2021 00:30
29/05/2021 18:00
18 hours
OP 0.068427
CP 0.066952
-2.16%

28/05/2021 07:30
28/05/2021 14:30
7 hours
OP 0.069574
CP 0.069572
-0.00287%

25/05/2021 18:00
27/05/2021 19:30
2 days
OP 0.068144
CP 0.071024
+4.23%

24/05/2021 00:30
25/05/2021 03:30
1 day
OP 0.061435
CP 0.067043
+9.13%

22/05/2021 22:30
23/05/2021 12:30
14 hours
OP 0.062197
CP 0.0581
-6.59%

22/05/2021 11:00
22/05/2021 17:30
7 hours
OP 0.064251
CP 0.06059
-5.7%

19/05/2021 22:00
20/05/2021 21:00
23 hours
OP 0.066705
CP 0.068997
+3.44%

17/05/2021 23:00
19/05/2021 07:00
1 day
OP 0.075193
CP 0.074787
-0.54%

17/05/2021 06:30
17/05/2021 09:30
3 hours
OP 0.076593
CP 0.077412
+1.07%

14/05/2021 13:00
15/05/2021 14:30
1 day
OP 0.079504
CP 0.078525
-1.23%

13/05/2021 16:30
13/05/2021 23:30
7 hours
OP 0.076788
CP 0.074242
-3.32%

12/05/2021 10:30
13/05/2021 15:30
1 day
OP 0.075732
CP 0.075619
-0.149%

11/05/2021 06:30
12/05/2021 10:00
1 day
OP 0.071125
CP 0.075353
+5.94%

09/05/2021 16:00
10/05/2021 11:00
19 hours
OP 0.06759
CP 0.069748
+3.19%

07/05/2021 13:30
09/05/2021 00:30
1 day
OP 0.061147
CP 0.065733
+7.5%

05/05/2021 01:30
06/05/2021 23:30
2 days
OP 0.061121
CP 0.061832
+1.16%

03/05/2021 00:30
04/05/2021 22:00
2 days
OP 0.05225
CP 0.061328
+17.4%

01/05/2021 22:30
02/05/2021 05:30
7 hours
OP 0.051064
CP 0.051111
+0.092%

30/04/2021 19:00
01/05/2021 15:00
20 hours
OP 0.048829
CP 0.049703
+1.79%

30/04/2021 09:30
30/04/2021 16:00
7 hours
OP 0.051113
CP 0.047849
-6.39%

29/04/2021 08:30
30/04/2021 02:30
18 hours
OP 0.050351
CP 0.051114
+1.52%

28/04/2021 10:00
29/04/2021 00:30
15 hours
OP 0.04799
CP 0.049829
+3.83%

27/04/2021 00:00
27/04/2021 19:30
20 hours
OP 0.046896
CP 0.047795
+1.92%

26/04/2021 10:00
26/04/2021 13:00
3 hours
OP 0.046466
CP 0.046378
-0.189%

24/04/2021 21:00
25/04/2021 13:30
17 hours
OP 0.045035
CP 0.046231
+2.66%

22/04/2021 20:00
24/04/2021 17:00
2 days
OP 0.04791
CP 0.044796
-6.5%

19/04/2021 12:00
22/04/2021 18:00
3 days
OP 0.039343
CP 0.04728
+20.2%

16/04/2021 10:30
17/04/2021 19:00
1 day
OP 0.03943
CP 0.039117
-0.794%

15/04/2021 18:00
16/04/2021 05:00
11 hours
OP 0.039286
CP 0.039291
+0.0127%

13/04/2021 17:30
15/04/2021 17:00
2 days
OP 0.0363
CP 0.039141
+7.83%

13/04/2021 14:30
13/04/2021 17:00
3 hours
OP 0.03575
CP 0.035968
+0.61%

12/04/2021 11:00
12/04/2021 12:30
2 hours
OP 0.035761
CP 0.035598
-0.456%

11/04/2021 03:30
12/04/2021 09:30
1 day
OP 0.035639
CP 0.035866
+0.637%

10/04/2021 21:00
10/04/2021 23:30
3 hours
OP 0.035761
CP 0.035688
-0.204%

08/04/2021 22:30
09/04/2021 13:30
15 hours
OP 0.035729
CP 0.035448
-0.786%

08/04/2021 02:00
08/04/2021 18:30
17 hours
OP 0.035231
CP 0.035636
NA
+1.15%

05/04/2021 05:30
06/04/2021 19:30
2 days
OP 0.035409
CP 0.036274
+2.44%

02/04/2021 13:00
04/04/2021 03:00
2 days
OP 0.033704
CP 0.035098
+4.14%

01/04/2021 13:30
02/04/2021 04:00
15 hours
OP 0.032793
CP 0.033349
+1.7%

30/03/2021 06:30
31/03/2021 22:00
2 days
OP 0.03138
CP 0.032743
+4.34%

27/03/2021 09:00
30/03/2021 02:30
3 days
OP 0.030822
CP 0.031326
+1.64%

26/03/2021 02:00
27/03/2021 04:00
1 day
OP 0.03114
CP 0.030919
-0.71%

25/03/2021 16:00
25/03/2021 20:00
4 hours
OP 0.031273
CP 0.030754
-1.66%

23/03/2021 17:30
23/03/2021 20:30
3 hours
OP 0.030826
CP 0.03091
+0.272%

20/03/2021 15:30
23/03/2021 00:30
2 days
OP 0.031261
CP 0.030839
-1.35%

20/03/2021 00:00
20/03/2021 05:30
6 hours
OP 0.031174
CP 0.031295
+0.388%

18/03/2021 18:00
19/03/2021 03:30
10 hours
OP 0.030665
CP 0.03087
+0.669%

17/03/2021 07:30
17/03/2021 18:00
11 hours
OP 0.031816
CP 0.032216
+1.26%


Innovative all-in-one trading and backtesting platform

cleo.finance

Test trading strategies on crypto, stocks, indices, forex with decades of 1-min data.
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.