Elliotv8 Strategy Performance Results

Description:

This strategy is called Elliotv8 and it is based on Elliot Wave Oscillator (EWO), a trend-following momentum indicator. It uses a combination of technical indicators to identify buy and sell signals. The main indicators used in this strategy are the EMA, RSI, and SMA. Additionally, it uses a trailing stop loss to protect investor's capital. When buying, it will look for when the RSI is below 35, the EWO indicator is above the threshold set by the ewo_high paramater and the close is below the EMA multiplied by the low_offset paramater. For selling, it uses two sets of conditions. The first condition used is when the close is above the Hull Moving Average with a period of 50 and the close is above the EMA with a period specified by the base_nb_candles_sell parameter multiplied by the high_offset_2 parameter. The second condition used is when the close is below the Hull Moving Average with a period of 50 and the close is above the EMA with a period specified by the base_nb_candles_sell parameter multiplied by the high_offset parameter. In order to protect capital, the strategy uses a trailing stop loss set to a negative 0.32. The Elliotv8 strategy is a technical analysis strategy that is suitable for experienced traders.

Daily Profit

Pairs

Top cryptocurrency trading pairs

Pair Buys Avg Profit % Cum Profit Tot Profit Abs Tot Profit % Avg Duration Win Draw Loss Win %
ETC/USDT 2 2.25 4.50 0.886950 0.89 0:22:00 2 0 0 100.00
BTC/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
BCH/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
ETH/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
LINK/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
LTC/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
SOL/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
BNB/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
XRP/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
ADA/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
DOT/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
ALGO/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
LUNA/USDT 0 0.00 0.00 0.000000 0.0 0:00 0 0 0
TOTAL 2 2.25 4.50 0.886950 0.89 0:22:00 2 0 0 100.00
  • Pair: This is the cryptocurrency trading pair that was used for the backtesting.
  • Buys: This is the total number of buy orders placed during the backtesting.
  • Avg Profit %: This is the average percentage of profit that was made on each buy order.
  • Cum Profit: This is the cumulative profit made over all buy orders.
  • Tot Profit Abs: This is the total absolute profit made over all buy orders.
  • Tot Profit %: This is the total percentage of profit made over all buy orders.
  • Avg Duration: This is the average duration of each buy order.
  • Win: This is the total number of buy orders that resulted in a win.
  • Draw: This is the total number of buy orders that resulted in a draw.
  • Loss: This is the total number of buy orders that resulted in a loss.
  • Win %: This is the percentage of buy orders that resulted in a win.

Sell Reason

Sell Reason Sells Win Draws Loss Avg Profit % Cum Profit % Tot Profit ABS Tot Profit %
1 1 0 0 1.72 1.72 0.337389 0.34
1 1 0 0 2.78 2.78 0.5495608 0.56

Summary

A backtesting was performed with a maximum of 5 open trades and an average of 0.17 trades per day. The starting balance was $100 and the final balance was $100.8869498, resulting in an absolute profit of $0.8869498 and a total profit percentage of 0.008869498. The average stake amount was $19.6709 and the total trade volume was $39.3418. The best pair was ETC/USDT and the worst pair was BTC/USDT. The maximum balance reached was $0 and the minimum balance was $0. The market change during this period was -0.03350112917651888.

Metric Value
Backtesting from 2024-01-01 00:00:00
Backtesting to 2024-01-13 15:40:00
Max open trades 5
Total/Daily Avg Trades 2 / 0.17
Starting balance 100
Final balance 100.8869498
Absolute profit 0.8869498
Total profit % 0.008869498
Avg. stake amount 19.6709
Total trade volume 39.3418
Best Pair ETC/USDT
Worst Pair BTC/USDT
Max Balance 0
Min Balance 0
Market Change -0.03350112917651888

Config

                  
{
    "pairlists": [
      {
        "method": "StaticPairList"
      }
    ],
    "timeframe": "15m",
    "tradable_balance_ratio": 0.99,
    "fiat_display_currency": "USD",
    "stake_amount": "unlimited",
    "stake_currency": "USDT",
    "amend_last_stake_amount": true,
    "exchange": {
      "pair_whitelist": [
        "BTC/USDT",
        "BCH/USDT",
        "ETH/USDT",
        "LINK/USDT",
        "LTC/USDT",
        "SOL/USDT",
        "BNB/USDT",
        "XRP/USDT",
        "ADA/USDT",
        "DOT/USDT",
        "ETC/USDT",
        "ALGO/USDT",
        "LUNA/USDT"
      ],
      "name": "binance"
    },
    "dry_run_wallet": 100,
    "max_open_trades": 5
  }