The BTC Moonshot Strategy uses the Moonshot algorithm with the following settings: higher short-term period(used for RSI and volatility statistics), higher long-term period(uses for volatility statistics), and narrower RSI entry/exit thresholds than the Moonshot X variation.

If you would like to understand how the Moonshot algorithm works please check it out here.

How well did it perform?
The chart below compares the hypothetical performance of the BTC Moonshot Strategy compared to a buy-and-hold strategy from January 1st, 2017 to December 19th, 2019.

Using buy-and-hold as a benchmark, the backtest results show that this strategy would have accumulated 6 BTC more per 1 BTC invested (final account balance in $ divided by the final closing price of the test period).

Image for post
Image for post
The running balance (cumulative returns + starting balance) of the Moonshot strategy in USD
Image for post
Image for post
The running balance (cumulative returns + starting balance) of the Moonshot strategy in BTC
Image for post
Image for post
USD cumulative return expressed as a percentage
Image for post
Image for post
Trade log history

It’s important to keep in mind that the charts above are based on a number of assumptions and are only meant for illustrative purposes. As always, past performance is not indicative of future performance.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store