Grow in USDT - Quick Setup

In this post we are going to use the Cyato H.A. Swing indicator to create a lot of buy & sell strategies very quickly, while making sure we beat the Buy & Hold return with the backtest. We will be focusing on Binance USDT markets, the goal will be to grow in USDT with automated signals. We will also make a top 10 of the best coins who had the best results.

The indicator

The Cyato H.A. Swing indicator might not have a stop loss and take profit system like my latest indicator but it is really good when you want to create good Buy & Sell strategies very quickly and without spending any time tweaking some kind of settings.

How to use

Basically, once you know the timeframe and parity you want to trade, all it takes is to add the indicator on your chart, create a buy and a sell alert, and that's it.

There is a "Buy or Sell" signal in one alert to save up on the alert count.

Make sure to always use the regular candles (for backtesting and creating alerts)

How to backtest

You can backtest using the Backtest version of the indicator. You must be on regular candles. Since the indicator has no input parameter or settings, the goal will be to find the best timeframe for each parity.

Using the Strategy Tester, we will look for the timeframe with best Net Profit and lowest Max Drawdown. Also the Strategy Equity should be greater than the Buy & Hold return.

The Strategies

I took the USDT markets of Binance, ordered by market capitalization, and backtested them. This results in the list below.

Backtest parameters

To get a clear picture, I backtested all the pairs on the same time period, from the year 2019 in january to today which is the 22th january 2020. The results include only long trades with no leverage, as in a successive Buy and Sell order. The initial capital used for the backtest is 10 000$, and for each trade we use an order size of 100% equity, with a 0.05% commission on each trade.

List

Here is the list ordered by market capitalization.

Parity USDT	Timeframe	Net Profit %	Max Drawdown %	Nb Trades
BTC	8H	165	8	43
ETH	1D	53	24	13
BCH	8H	30	5	6
LTC	2D	111	23	6
EOS	1W	46	28	2
BNB	1W	332	0	1
XLM	4H	57	29	100
ADA	1W	90	0	1
TRX	4H	50	30	101
ETC	1W	64	0	1
DASH	8H	186	15	38
LINK	12H	393	19	30
ATOM	2D	61	6	4
NEO	1D	61	7	12
ONT	6H	111	31	67
VET	4D	80	2	3
ZEC	8H	91	28	35
QTUM	1D	76	10	15
ZRX	2D	45	6	3

We can see that each pair performs better on a specific timeframe, indeed depending on volume and volatility, the market cycles are different.

Top 10 pairs

If we order the list by Net Profit, this is what we get.

Parity USDT	Timeframe	Net Profit %	Max Drawdown %	Nb Trades
LINK	12H	393	19	30
BNB	1W	332	0	1
DASH	8H	186	15	38
BTC	8H	165	8	43
LTC	2D	111	23	6
ONT	6H	111	31	67
ZEC	8H	91	28	35
ADA	1W	90	0	1
VET	4D	80	2	3

At the first place, LINK/USDT

Coming next: BTC markets!

Written by Cyatophilum - Created 5 years ago - Last edited today