Simple MACD Crossover Trading Strategy Applied to Bitcoin

[EssentialDataScience]

Hi all,

I just uploaded another mini-project to Github: It shows the backtest results of a simple MACD trading strategy applied to Bitcoin (and interestingly enough, it seems to outperform buy and hodl ). Take a look if you're interested: https://github.com/VermeirJellen/Bitcoin_MACD_Strategy

Any data scientists on this forum?

Cheers!

[afbitcoins]

What timescale do you look for crossover on?

[notme]

What timescale do you look for crossover on?

He's using daily closing price.

[EssentialDataScience]

What timescale do you look for crossover on?

He's using daily closing price.

Actually, I used the Blockchain.info charts api (view FetchBTCInfo function) because their historical datafeed goes back further in time in comparison to the feed of most of the exchanges. I named the timeseries "btc.close" in the mini project but it's actually the "Average USD market price across major bitcoin exchanges.", according to the Blockchain.info description.

I previously created a package to fetch data from Poloniex, view https://github.com/VermeirJellen/PoloniexR (I will probably make a separate topic for this later on). You can use this package to fetch the OHCL-V from Poloniex and run the SimpleMACD strategy again on the close if you like. I don't think there will be that much of a difference but the main problem is that the historical data feed goes back only a few years.