Grow in USDT - Quick Setup

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.

Indicator Alerts

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.

Strategy Tester

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.

Backtest Properties

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

LINK / USDT

Coming next: BTC markets!

Written by Cyato -

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