BTC Profitable Wallets Strategy by Powerscooter
By Powerscooter
Performance Metrics
- Author: Powerscooter
- Symbol: BITSTAMP:BTCUSD
- Timeframe: 1 week
- Net P&L: +56.74 USD (+56.74%)
- Win Rate: 100.0%
- Max Drawdown: 4.26 USD (4.26%)
- Total Trades: 1
Description
Sep 20, 2022BTC Profitable Wallets Strategy - plots the percentage of profitable BTC wallets and places long orders when the profitable wallet share crosses above 50%, historically a very accurate point to catch the next Bull Run early.The only setting is a smoothing option using the Moving Average method and length of your choice.On Chain Data is queried from IntoTheBlock.This is a 'HODL' strategy, with no exit given. If you'd like to see the historical performance check the Open Profit or place a sell order at the current date.Oct 16, 2022Release NotesMade the profitable wallet threshold that initiates a buy order adjustable. Default value remains 50%.Nov 18, 2022Release Notes-Added support for a large number of other Chains, including ETH, DOGE, ADA and many more!-Select your chain in the new input called "Blockchain"Jan 5, 2023Release NotesFixed bug concerning trade execution with custom wallet threshold.