31 days later.. Testing own strategy

[joniboini]

I need more than 20 people to be able to publish the strategy on TradingView and not waste money in vain. If you want to try it, please join the Telegram group, and when we reach 20 people, I will upload the strategy along with a manual for its use. Thank you.

I'm not familiar with how TradingView rewards its publisher, but do you really need to pay them and must have at least 20 subscribers before you make a profit? The numbers seem to come out of nowhere. I never heard similar things from others who create new threads and wanted to share their strategy with others. Personally, I also feel less inclined to join a random group just to know if it works or not, especially if the members are so few.

[Wind_FURY]

Although, intra-day back-tests are not available for free. But TradingView does have a 30-day free trial. Plus for plebs, it's probably better to use lower time preference strategies.

Hello, I have downloaded the backtest data so that you can better visualize the strategy I am implementing. The backtest covers the period from 2020 to 2023 with a capital of $1,000. In the following link, you will find the spreadsheet where everything is more detailed. Thank you very much for your feedback.https://docs.google.com/spreadsheets/d/1TCRy0wyyBBvGvz8p2wEyB2RcslsJvZ9eN0gGrHWJOjo/edit?usp=sharing
PLEASE CHECK THE BACKTEST

GOOD! Now from the period of 2020 to 2023, compare your performance vs. a Bitcoin Buy and HODL strategy using the same amount of starting capital, $1,000.

If your performance is lower, then you need to improve the strategy, and/or add the more volatile shitcoins to trade. Many shitcoins usually perform better than Bitcoin during the bull cycle simply because "reasons". That doesn't mean they're the bes though.

If your perfomance is only slightly better, then if you ask me, the risk taken by a more active trading strategy is simply not worth it in my opinion.

[cryptobeestrategy]

I need more than 20 people to be able to publish the strategy on TradingView and not waste money in vain. If you want to try it, please join the Telegram group, and when we reach 20 people, I will upload the strategy along with a manual for its use. Thank you.

I'm not familiar with how TradingView rewards its publisher, but do you really need to pay them and must have at least 20 subscribers before you make a profit? The numbers seem to come out of nowhere. I never heard similar things from others who create new threads and wanted to share their strategy with others. Personally, I also feel less inclined to join a random group just to know if it works or not, especially if the members are so few.

To publish my strategy on TradingView, one needs to be a premium user, which comes at a cost of $60 per month. I'm also looking for feedback from at least 20 individuals as part of a pilot test to identify areas of improvement in my strategy. This feedback is crucial to refining my approach. I appreciate any interest or participation on your part in this process.

[cryptobeestrategy]

GOOD! Now from the period of 2020 to 2023, compare your performance vs. a Bitcoin Buy and HODL strategy using the same amount of starting capital, $1,000.

If your performance is lower, then you need to improve the strategy, and/or add the more volatile shitcoins to trade. Many shitcoins usually perform better than Bitcoin during the bull cycle simply because "reasons". That doesn't mean they're the bes though.

If your perfomance is only slightly better, then if you ask me, the risk taken by a more active trading strategy is simply not worth it in my opinion.

My strategy works in the spot market and generates returns in both bearish, bullish, and sideways markets, with a very conservative risk management approach. You mentioned that the assumed risk isn't justified. Were you certain that in 2020, BTC would surpass $60,000?
What I aim to achieve with this strategy is to consistently generate monthly and yearly returns that can be measured sustainably over time, regardless of market fluctuations. The strategy focuses on medium and long-term consistency

[DVlog]

It is good that you have shared what you have learned. What I think is 31 days is a very small timeframe to test a strategy and wrap up a result. A strategy should be tested for a minimum of six months before you can apply it to the real market. This timeframe depends on whether the tester himself is satisfied with the test and the result. TBH you won't get a better result by only testing for 31 days.