The weekly heikin ashi has been a reliably steady indicator for Bitcoin price since mid-2016. Following it since then would have resulted in approximately equivalent to buy and hold performance with far fewer long-term swings and drawdowns.
Following the weekly Heikin Ashi on EOSBTC from ICO to now goes 20x with a 30% drawdown. The last 3 months have been shaky, so this trend might have played itself out, but it might still hold some power.
Trend follow on the heikin ashi candles would have given good gains since late 2017. I started the backtest at late 2017 because I didn't want to include the ridiculous move up in early 2017. Much better than buy and hold. Looking at about a 8x return with a max drawdown of 20%.
If you'd start trading XRPBTC after the big pump of 2017, this strategy would have been effective for managing the bear market. Seeing that the bear market isn't over, you can likely still follow it and make decent gains.
Enter a trade on a 39 day high/low and close the trade on a 10-day high/low in the opposite direction. Backtest results show a 4x gain since Feb 2018.
Follow the trend on the weekly Heikin Ashi candles on TRXBTC and you'd have pretty steady and good gains. I ignored the initial post-ICO pump and dump because realistically no one would ever trade an algo in that mess.
Drawdown of 20%, gains of 6x.
Long on a green 2-day Heikin Ashi green candle. Short on a 2-day Heikin Ashi red candle. All trades with 100% of equity. This strategy is always in a short or long position
Aside from a bad performance at the end of 2018, this strategy performs very well. It's been doing great in 2019.
This is a backtest of a simplified version of the famous Turtle Trading strategy. No stop losses or position sizing strategies were used. Trades are entered on a 20-day (120 candle on the 4H chart) high or low breakout, and closed on a 5-day high or low reversal in the opposite direction. All trades are entered with 100% of the portfolio's equity.
This strategy...
On the 4H chart, go long when the predicted value of the 800 candle (133 day) regression is greater than the predicted value of the 200 candle (33 day) regression and go short otherwise. All positions are entered at a value of 10K USD. This strategy performs quite well in avoiding large losses of capital while still performing pretty decently.
Accumulation peaked in January, a head and shoulders triple top has formed on the charts, and volume is meek. This looks like it's going to break down before going back up to me. Parabolic breakdown would be an 80% retrace of the ascent. I'm calling 0.0025 before going back up.
Accumulation is trending up, and market cap is low, so long term prospects still look...
$TOMI is showing strong accumulation over the past 6 months. Even during the dump, accumulation continued pretty unabated. I like to see that. Techincally this looks very strong.
The fundamentals, I'm not so sure on. A name change to Golden Triangle Ventures is in the works, but the website isn't too clear on what they do. They sell CBD, consult a lot, and...
