The Failed Strategy
The Shooting Star That Crashed... (July 27 2023, edited September 17 2023)
A. Base Version
The idea is Mean Reversion
(price returning to the mean)
Backtest for July 2023
Strategy Stats
| Conceivable monthly profit | > 700% according to forecast |
| Currently profitable? | Very likely |
| Profitable since | 14 fricking days (July 13) |
| Profit Factor | 1.8 |
| Winrate | 68% |
| Trades per day | 2 to 3 |
| Coin | Lido DAO |
| Trade direction | Alternating longs & shorts |
| Trade coverage | >90% |
| Forward testing since | July 26 2023 |