Bitcoin Daily Strategy Backtest Results for 2019–2021
Summary
This report summarizes a Binance BTC-USDT daily-candle backtest covering January 2019 through January 2021. The strategy recorded 155 closed trades and one open trade. The displayed metrics include an 89.77% net profit, 22.4% maximum drawdown, 37.64% annual return, 1.31 Sharpe ratio, and 52% profitable trades. All closed positions were long, with average holding time of about two days and nine hours.
The results are a single historical simulation, not evidence that the strategy will perform similarly in live trading. The report names the strategy but gives no entry or exit rules, data-quality checks, benchmark-adjusted analysis, or details about the simulation assumptions. It lists fees paid, but does not explain whether the model accounts for slippage, funding, or other trading costs. The market itself rose substantially during the period, so the reported return should be interpreted in that context rather than as proof of strategy skill.
Key ideas
- The report backtests a named strategy on Binance BTC-USDT daily candles over a two-year period.
- It reports 155 closed trades, a 52% win rate, and a maximum drawdown of 22.4%.
- Every reported closed position was long, and average holding time was just over two days.
- The document does not disclose the strategy rules or enough simulation assumptions to reproduce the results.
- The strong market rise during the test period limits what the reported returns alone can establish.
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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.