BBands Strategy Performance Results

Description:

The BBands strategy is a trading strategy that employs the use of Bollinger bands and other technical indicators to buy and sell digital currencies. It is based off of a technical analysis indicator developed by John Bollinger in the 1980s. It helps traders determine when to buy or sell a digital currency by providing a range of support/resistance levels. Traders can identify when a digital currency is trading at a relative low or high and take action accordingly. In addition to Bollinger bands, this strategy also employs the use of other technical indicators such as the Relative Strength Index (RSI), Moving Average Convergence/Divergence (MACD), Parabolic Stop and Reversal (SAR), and the Hilbert Transform Sine Wave (HTS). The strategy looks at a variety of factors to determine the trend of a currency and make buy/sell decisions accordingly.

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 502 -0.20 -100.90 -2.780297 -2.78 0:03:00 44 0 458 8.76
LUNA/USDT 1078 -0.20 -214.49 -3.468729 -3.47 0:03:00 146 0 932 13.54
ALGO/USDT 577 -0.21 -123.20 -4.268467 -4.27 0:03:00 67 0 510 11.61
DOT/USDT 1273 -0.20 -251.54 -4.504026 -4.5 0:03:00 161 0 1112 12.65
ADA/USDT 1429 -0.20 -282.89 -5.319691 -5.32 0:03:00 183 0 1246 12.81
XRP/USDT 607 -0.20 -119.87 -5.871776 -5.87 0:03:00 46 0 561 7.58
SOL/USDT 741 -0.20 -147.18 -7.674366 -7.67 0:03:00 112 0 629 15.11
BNB/USDT 1037 -0.21 -213.88 -8.076678 -8.08 0:03:00 87 0 950 8.39
LTC/USDT 2079 -0.20 -412.78 -10.818736 -10.82 0:04:00 206 0 1873 9.91
LINK/USDT 1841 -0.19 -350.53 -10.957598 -10.96 0:04:00 237 0 1604 12.87
BCH/USDT 1611 -0.19 -309.82 -11.000736 -11.0 0:04:00 208 0 1403 12.91
ETH/USDT 1590 -0.20 -312.67 -12.190994 -12.19 0:04:00 101 0 1489 6.35
BTC/USDT 1437 -0.19 -280.18 -12.678629 -12.68 0:04:00 90 0 1347 6.26
TOTAL 15802 -0.20 -3119.94 -99.610724 -99.61 0:03:00 1688 0 14114 10.68
  • 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 %
15800 1686 0 14114 -0.2 -3127.12 -99.81765056 -625.42
2 2 0 0 3.59 7.19 0.20692684 1.44

Summary

A backtesting was performed with a maximum of 5 open trades and an average of 1316.83 trades per day. The starting balance was $100 and the final balance was $0.38927628000024583, resulting in an absolute profit of $-99.61072372000001 and a total profit percentage of -0.9961072372. The average stake amount was $3.2257536505252506 and the total trade volume was $50973.35918560001. The best pair was ETC/USDT and the worst pair was LTC/USDT. The maximum balance reached was $100.10604876 and the minimum balance was $0.38927628000024583. The market change during this period was -0.014831441852052516.

Metric Value
Backtesting from 2024-01-01 00:00:00
Backtesting to 2024-01-13 15:48:00
Max open trades 5
Total/Daily Avg Trades 15802 / 1316.83
Starting balance 100
Final balance 0.38927628000024583
Absolute profit -99.61072372000001
Total profit % -0.9961072372
Avg. stake amount 3.2257536505252506
Total trade volume 50973.35918560001
Best Pair ETC/USDT
Worst Pair LTC/USDT
Max Balance 100.10604876
Min Balance 0.38927628000024583
Market Change -0.014831441852052516

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
  }