Newsletter Strategy MESA

Overview

This is the strategy that we showcased in our Newsletter on 2023-03-17

We backtested multiple parameters in order to find the best ones for MATIC. As usual, with our backtests, we assumed a 0.1% fee per trade, all trades were taken with the entire account, and there was no slippage. The backtesting period was from 2019-04-17 to the present day.

In addition we suggest using this template:
https://www.cryptohopper.com/marketplace/item?item_id=11007

With these parameters and settings, we achieved a profit of 81,437.69%, which was significantly better than the buy-and-hold strategy's 20,025%. The maximum drawdown was 59%, which is less than 88% of the buy and hold.

Please note that we have optimized this strategy for MATIC, and while it appears to beat the buy and hold on both BTC and ETH as well, we do not know how well it would perform on other coins.

If you have any questions about this strategy or any other of our marketplace products, you can reach out to us by sending an email to marketplace@cryptohopper.com

Disclaimer: Past performance does not guarantee future success, as markets can change at any time!