The Sparkster backtest signal tool flashed a strong BUY signal on 11 January for ETHUSD on the 4-hour time-frame, based on one of the strongest combination of indicators in the Sparkster Signals public library.
To date, that trade entry is at a 77% gain so far. The strategy will not see a SELL signal for quite some time as it's based on a longer term moving average, as validated by a full historical backtest for maximum performance.
This strategy gives an Expected ROI of 11.61 using a combination of Ichimoku Cloud and Exponential Moving Averages.
The strategy backtest has produced 46 trades since August 2015 when Kraken's ETHUSD chart began. The Gains Ratio is off the charts at 33.37 with a 34.78% win-rate and $536.07 expected value per trade, based on a 5% allocation and starting balance of $10,000.
We will update this Published Idea when the next SELL signal is triggered. And watch out for more trade entry signals validated by the Sparkster backtester.
We are labeling this Idea as 'neutral' as the BUY signal was triggered quite some time ago and the market seems to be consolidating at present.
Although the chart itself looks quite busy with multiple lines, the benefit of algo backtesting is that the computer does not get confused by all the lines like the human brain might. The computer can analyse, detect and act on the smallest changes based on the indicators provided in the strategy.
To date, that trade entry is at a 77% gain so far. The strategy will not see a SELL signal for quite some time as it's based on a longer term moving average, as validated by a full historical backtest for maximum performance.
This strategy gives an Expected ROI of 11.61 using a combination of Ichimoku Cloud and Exponential Moving Averages.
The strategy backtest has produced 46 trades since August 2015 when Kraken's ETHUSD chart began. The Gains Ratio is off the charts at 33.37 with a 34.78% win-rate and $536.07 expected value per trade, based on a 5% allocation and starting balance of $10,000.
We will update this Published Idea when the next SELL signal is triggered. And watch out for more trade entry signals validated by the Sparkster backtester.
We are labeling this Idea as 'neutral' as the BUY signal was triggered quite some time ago and the market seems to be consolidating at present.
Although the chart itself looks quite busy with multiple lines, the benefit of algo backtesting is that the computer does not get confused by all the lines like the human brain might. The computer can analyse, detect and act on the smallest changes based on the indicators provided in the strategy.
코멘트:
Double topped on 288 resistance. We may see a SELL signal appear from our backtesting tool. Will update.
