Thanks you for these back testings
Yeah I meant 10 and 20 days, not hours
On the 2014 chart: the first trade is a long which get closed very fast, but the 10SMA was going under the 20SMA, and the price went below the SMAs: for me the thing to do was clearly a short
And around 2014-04 there was a pretty good short to do but it look like it have been ignored ?
Indeed it seem better for strong trends, and loses like on 2014-05 seem possibly small compared to gains
Maybe adding another indicator to confirm the strength of the trend would help
Idrisu thanks for the stop-loss reminder
I only read a lot about trading look at the charts everyday and imagine how I could play with it
What I'd like to do is to throw some money at a good entry and to need to check the chart only once a day
Between 2014-03 and 2014-04 was a sell, or what do you mean?.
I guess a major problem with this crossing strategy is also, that you only have 2 signals (uptrend/downtrend).
But maybe 3 signals would be better: uptrend, downtrend and "not clear".
The backtest I made can not sell, if he did not bought btc previously, so there is no real "short". (I could sell all balance and additionally go real short, but I dont think this is a good idea at every crossing)
With three signals it would buy in uptrends. Sell to balance of 0 if it is unclear. And short (=negative balance) in downtrends.
I think with this kind of shorting you could also make profits in a big downtrend like 2014.
But what indicator should we use?