Supertrend on Ethereum: $1,000 → $50,422, and the catch
Since 2017, Supertrend would have turned $1,000 into $50,422 on Ethereum.
Supertrend.
A line that follows the price, a set distance away, measured in normal daily moves.
It's built into almost every charting app.
The rules
Line. Three times the 10-day average daily move, away from the middle of each candle. It only moves with the trend.
In. The close crosses above the line: buy, with the whole account. Below it: sell, and go short.
Nothing else. No other stop. The line is the stop.
What we found
The full test
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Past results, measured on real data with fees included. No promise of future returns. This is not investment advice.