Buy & Hold aka. HODL Strategy by michaelionita
By michaelionita
Performance Metrics
- Author: michaelionita
- Symbol: INDEX:BTCUSD
- Timeframe: 1 day
- Net P&L: +58,844.00 USD (+588.44%)
- Win Rate: 100.0%
- Max Drawdown: 7,668.72 USD (76.69%)
- Total Trades: 1
Description
Dec 31, 2024This is a simply HODL or Buy & Hold strategy, which is super useful to see the risk and reward of such a strategy.The benefit of using this strategy is that you also get to see the Max Drawdown (Risk).This way you can compare it to the Net Profit (Reward) and decide if it's worth it for you.This strategy buys on the Start Date and sells either on the End Date or on the last candle if the End Date is in the future.Remember that the strategy must close the trade (sell) otherwise you don't see any results in the Strategy Tester (this is how it works).Dec 31, 2024Release NotesEdited the title of the script to include "Buy & Hold" so people can find it when searching for it.Dec 31, 2024Release NotesFixed a bug where the strategy did not buy at the date given IF slippage is above 0. So I set the slippage to 0.Anyhow this strategy is for testing an educational purposes only.