Since we updated the strategy Athena on Polygon and other top 5 coins in the market, I wanted to share the detailed back-testing results to give more clarity to the users on what to expect going forward.
Here’s how the strategy has performed on Polygon / Matic between April 2019 and August 2022
806% Largest winning trade
It might be difficult to comprehend the 3 years worth data at a glance, with no real understanding of what really happened. Thus below I have broken it down into two smaller parts to make it more insightful.
April 2019 – January 2021
During this whole period that largely remained flat for Matic, let’s see how Athena performed on it.
33% Max Drawdown
At the end of this period, a $1000 initial capital would have grown to $1885
Here are the trades
|Trade||Type||Date||Price||Type||Date||Price||Profit %||Run-up %||Drawdown %|
February 2021 – August 2022
Let’s visualize the performance of Athena on Matic during this period involving 1 major bull & a bear run.
23% Max Drawdown
171% Avg Profit
-15% Avg Loss
At the end of this 1.5 year, a $1000 initial capital would have become $25428
Here are the trades
|No.||Type||Date||Price||Type||Date||Price||Profit %||Run-Up %||Drawdown|
For anyone looking to invest in Polygon, Athena is one of the top strategies. It helps you avoid the high volatility while choosing a more smoother road to crypto investments.
Athena is LONG ONLY strategy that doesn’t uses leverage. It works on SPOT Market & thus has relatively lower risk.
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