Pretty active. No fees included here; I don't know the fee structure for stocks -- crypto is easier here! Backtest (below) is from 2013-02-12 until now. It takes a while to beat buy-and-hold, but eventually does it. Mark talking nonsense at the senate probably helped with this.
Make sure you click the "Buy & Hold Equity" button in the backtest plot below to compare this strategy with buying and holding Ripple.
0.1% fee (BFX) is included in this very active trader.
The drawdown on this one is pretty severe so I'm using 50% equity position size here. I'm sure this could be improved a great deal with some tweaking. As with the previous...
See my previous (linked) post. Make sure you click the "Buy & Hold Equity" text icon below to see the comparison between this strategy and simply buying and holding this index.
I'm looking for people interested in algorithmic trading. PM!
* Active strategy vs. passive buy-and-hold (light blue line in backtest plot below).
* Includes Bitfinex fees (0.1%).
* Backtest plot is from 2017-01-03 until today.
* It is possible to reduce the drawdown by adjusting position size strategy and/or other parameters -- to get a smoother equity curve.
* No indicator or entry "repainting" is being done here; this...
Yellow asc triangle breakout to upside was weak --> chop --> purple triangle fail @ apex. Might long with tight stop here, but also prepared for fakeout with reentry after this. Holding hedge tho. Too obvious ==> big players will game this.
This most recent rise hasn't had the same clean curve as the one in late nov – instead we have what looks like a choppy channel. I'll be watching 2850 to see if this choppy channel holds (green freehand), and if not I will watch if triangle bottom holds and plays out (red freehand).
Time to close longs I think. We might break up, and that might be VERY strong, but probably a good idea to take profit here and just wait then relong while watching out for possible fakeouts. Current 12H HK candle is turning red with 7H left until close.