Another Friday, another back test
Greetings Singularitarians!
This week’s backtest shows a technical divergence indication on ETH using 4hr time periods over a 4 month timeframe using an entry criteria based on momentum shifts in price and exit criteria based on price pullbacks. In other words a good defence against price moves from Ethereum, always staying in a steady uptrend — at only one point across 13 trades was the DAM in negative alpha USD compared to 10 points with a HODL strategy — and at the closest divergence our strategy was ~10% up, largest divergence ~70% up.
Disclaimer: Backtests are a series of logics and patterns we are exploring and refining into our trading decisions — results when forward tested in a live CEX or DEX environment will yield different results. Chart does not include any gas, slippage, take latency or network congestion into consideration.
DynaSets are dynamically AI-managed baskets of cryptocurrency, similar to an ETF. For a more detailed breakdown, please refer to this article.
Also — as we are a DAO — don’t forget about voicing your opinions on the two hot topics of the moment, the upcoming stablecoin vote where we will be asking for preferences to which stablecoins we use in on our platform and suggestions for how we could handle future allocation events on the launchpad. You can read all about it in this blog here.
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