Raysor Trade Super Trend
— ETH versus BTC —
Running live since April 2022.
Raysor Trade Super Trend uses a fully automated trend following strategy inspired by legendary traders like Jesse Livermore, Toby Crabel, and William Eckhardt. The trading strategy uses simple trend-following rules augmented with concepts such as stochastic momentum, narrow range, and volume, as well as crypto-specific indicators such as mining hash rate. This (daily) algorithm is adapted to work with higher DeFi transaction fees, hence there will not be a lot of transactions. Wait for it… it will capture the trend when it’s there…
Goal of Raysor Trade Super Trend: slowly grow your capital in BTC.
By trading the ETHBTC pair you have constant crypto exposure while we try to outperform the general market. The algorithm is available for DeFi at Mercor and to connect with Binance broker Zignaly. I recommend Zignaly as the transaction fees are much lower than on Mercor’s BNB chain.
Running live since April 2022.
Backtesting results
The below graph shows capital growth, starting from 1BTC in 2018, using 0.02% transaction cost. The results for the last year, from April 2022 until March 2023 are confirmed with live performance on Zignaly.
The backtesting confirms: there is limited risk exposure and good performance (over 5x in 4 years) in terms of BTC.
Deeper backtesting
We performed a deep backtest from 2015, which confirms the performance and reaches 14,000% in PnL in terms of BTC. We do, however, see a much larger drawdown, which came about in 2017 when ETH dropped 77% from 0.14 to 0.032 BTC. If you managed stick with the strategy long enough, 14,000% PnL is reward for enduring the drawdown periods. To avoid such risk exposure, I recommend you only invest part of your holdings.
How to trade Super Trend
- Available on Zignaly with low trading costs, no fixed fee. Only profit sharing
- Available on Mercor DeFi (BNB chain). No fixed fee, only 10% profit sharing. Note that profits are denoted in USD (not BTC as they should) on Mercor, and since we started there 1.5 years ago, the results look skewed as BTC came down from 80k. But this strategy is about growing your amount of BTC.
DeFi version
The algorithm is also available on Mercor, which trades on the BNB chain. We must note that trading fees are much higher at 0.3% on DeFi. Still, the algorithm performs well, reaching 4x in 4 years in terms of BTC.
Trading costs matter :)
Subscribe to this algo at Zignaly, with lower trading fees (see below). No fixed cost, only profit sharing. Find more algorithms by Pentational at my Discord.
About myself: I have a PhD in economics, been crypto trading for years and decided to automate some clever rules into the Raysor Trade bots. Taking away emotion when trading is the biggest factor for success as it enables us to catch the trends, avoiding buying tops and selling dips.
Find more algorithms by Pentational at my Discord.
