Bitcoin Daily Backtest Results for a Long-Only Strategy
Summary
This document reports a two-year daily Bitcoin–USDT backtest on Binance, covering January 2019 through January 2021. The strategy is identified only as “AwesomeStrategy”; no entry or exit rules, position sizing, or execution assumptions are supplied, so the results cannot be tied to a reproducible method from this record alone.
The reported simulation includes 155 closed trades, one open trade, positive net profit, and a maximum drawdown of 22.4%. It traded long only, with a 52% profitable-trade rate and a Sharpe ratio of 1.31. The benchmark market change was substantially larger than the strategy’s stated return, making market context relevant when interpreting the outcome. Fees are reported, but the document does not explain their modeling, data quality, or treatment of open positions. These figures describe one historical sample and do not establish robustness or future performance.
Key ideas
- The results cover daily BTC-USDT trading on Binance from January 2019 to January 2021.
- The strategy name is given, but its trading rules and implementation assumptions are absent.
- The simulation reports 155 closed trades, a 22.4% maximum drawdown, and a 1.31 Sharpe ratio.
- The strategy was long-only, and the report provides no evidence of out-of-sample robustness.
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Full text
# BTC USDT 1D results CANDLES | ----------------------+-------------------------- period | 731 days (2.0 years) starting-ending date | 2019-01-01 => 2021-01-01 exchange | symbol | timeframe | strategy | DNA ------------+----------+-------------+-----------------+------- Binance | BTC-USDT | 1D | AwesomeStrategy | Executing simulation... [####################################] 100% Executed backtest simulation in: 29.89 seconds METRICS | ---------------------------------+----------------------------- Total Closed Trades | 155 Total Net Profit | 897.7349 (89.77%) Starting => Finishing Balance | 1,000 => 1,897.73 Total Open Trades | 1 Open PL | 1.59 Total Paid Fees | 252.25 Max Drawdown | -22.4% Annual Return | 37.64% Expectancy | 5.79 (0.58%) Avg Win | Avg Loss | 34.2 | 25.3 Ratio Avg Win / Avg Loss | 1.35 Percent Profitable | 52% Longs | Shorts | 100% | 0% Avg Holding Time | 2 days, 9 hours, 8 minutes Winning Trades Avg Holding Time | 2 days, 18 hours, 4 minutes Losing Trades Avg Holding Time | 1 day, 23 hours, 21 minutes Sharpe Ratio | 1.31 Market Change | 681.2%
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.