Hourly ETH-USDT Simple Bollinger Backtest Results
Summary
The document reports a backtest of a long-only Simple Bollinger strategy on Binance ETH-USDT hourly candles from January 2019 through January 2021. Across 282 closed trades, the account grew from 10,000 to 31,030.44, with reported net profit of 21,030.4448, annual return of 75.88%, and maximum drawdown of 30.29%. The reported Sharpe ratio is 1.41, while 35% of trades were profitable; average winning trades were larger than average losing trades.
These figures describe one historical simulation, not evidence that the strategy will perform similarly in live trading. The report also shows that ETH’s market change over the period was 460.23%, substantially above the strategy’s reported return, and lists paid fees of 9,730.63. It gives no details on Bollinger parameters, position sizing, execution assumptions, or validation outside this sample, which limits interpretation and reproducibility.
Key ideas
- The backtest applies a long-only Simple Bollinger strategy to hourly ETH-USDT data from Binance.
- It covers the two years from January 2019 to January 2021 and reports 282 closed trades.
- The report gives a 75.88% annual return, a 30.29% maximum drawdown, and a 1.41 Sharpe ratio.
- Only 35% of trades were profitable, while average wins were larger than average losses.
- The report does not specify indicator settings or execution assumptions, and its results are historical simulation figures.
Tags
Full text
# ETH USDT 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 | ETH-USDT | 1h | SimpleBollinger | Executing simulation... [####################################] 100% Executed backtest simulation in: 31.24 seconds METRICS | ---------------------------------+---------------------------------- Total Closed Trades | 282 Total Net Profit | 21,030.4448 (210.3%) Starting => Finishing Balance | 10,000 => 31,030.44 Total Open Trades | 0 Open PL | 0 Total Paid Fees | 9,730.63 Max Drawdown | -30.29% Annual Return | 75.88% Expectancy | 74.58 (0.75%) Avg Win | Avg Loss | 729.33 | 274.15 Ratio Avg Win / Avg Loss | 2.66 Percent Profitable | 35% Longs | Shorts | 100% | 0% Avg Holding Time | 17 hours, 11 minutes, 29 seconds Winning Trades Avg Holding Time | 1 day, 4 hours, 52 minutes Losing Trades Avg Holding Time | 10 hours, 58 minutes, 2 seconds Sharpe Ratio | 1.41 Market Change | 460.23%
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.