Binance ADA-USDT Donchian Backtest Results on Six-Hour Bars
Summary
This document reports a Binance backtest of a long-only Donchian strategy on ADA-USDT six-hour candles over a two-year period from January 2019 to January 2021. It provides performance and trade statistics, including net profit, annual return, drawdown, expectancy, win rate, average win and loss, holding time, Sharpe ratio, fees, and the market’s change over the same period.
The reported results show strong gains alongside a substantial maximum drawdown, with profitable trades less frequent than losing ones but average wins much larger than average losses. The test includes one open trade and its unrealized profit and loss, so the final account figures include exposure beyond the closed trades. These are results from one asset and historical interval; the document gives no strategy parameters, benchmark-adjusted analysis, or evidence that the performance generalizes to other periods or markets.
Key ideas
- The backtest applies a Donchian strategy to ADA-USDT six-hour candles on Binance.
- It covers a two-year historical period from January 2019 through January 2021.
- Reported profitability accompanies a maximum drawdown of 36.15 percent.
- The strategy was long-only, with an average win substantially larger than the average loss.
- One open trade and its unrealized profit and loss are included in the report.
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Full text
# ADA USDT 6h results loading candles... CANDLES | ----------------------+-------------------------- period | 731 days (2.0 years) starting-ending date | 2019-01-01 => 2021-01-01 exchange | symbol | timeframe | strategy | DNA ------------+----------+-------------+------------+------- Binance | ADA-USDT | 6h | Donchian | Executing simulation... [####################################] 100% Executed backtest simulation in: 34.98 seconds METRICS | ---------------------------------+--------------------------- Total Closed Trades | 19 Total Net Profit | 55,272.4782 (552.72%) Starting => Finishing Balance | 10,000 => 65,272.48 Total Open Trades | 1 Open PL | 4,714.81 Total Paid Fees | 1,277.14 Max Drawdown | -36.15% Annual Return | 154.83% Expectancy | 2,909.08 (29.09%) Avg Win | Avg Loss | 8,936.79 | 1,474.71 Ratio Avg Win / Avg Loss | 6.06 Percent Profitable | 42% Longs | Shorts | 100% | 0% Avg Holding Time | 2 weeks, 2 days, 20 hours Winning Trades Avg Holding Time | 3 weeks, 2 days, 16 hours Losing Trades Avg Holding Time | 1 week, 4 days, 20 hours Sharpe Ratio | 1.68 Market Change | 347.53%
Shown in full with attribution under the source's licence. Licence: MIT
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.