Tron Backtesting Results – Athena V2

79% Profit in 27 Trades across 4 years. 4x HODL returns.

Ever since we upgraded the strategy Athena on Tron and other top 5 coins in the market, I wanted to share a detailed back-testing result with you all so that you know what to expect in future.

Here’s how the strategy performed on Tron(TRX) between June 2018 & August 2022

TRON (TRX) Highlights

79%
Net Profit

80%
Max Runup

27
Trades

19% HODL
Return

124%
Largest Win

24%
Largest Loss

Looking at full 4 year data together may not reflect properly as to what really happened. Hence let’s take a look at it in 2 different time frames. First 2 years reflects majorly a sideways movement while the next 2 years covers a lot of volatility through a Bull and Bear market.

June 2018 – June 2020

TRX was launched around $0.04 and soon fell to $0.01 levels. From thereon it continued trading majorly between $0.01 & $0.03 mark for the next 2 years.

Let’s take a look at how Athena performed on TRX during this phase:

11 Trades

72% Profitable

24% Max Drawdown

At the end of 2 years, a $1000 initial capital would be $1114

Here are the trades

TradeTypeDatePriceTypeDatePriceProfit %Run-up %Drawdown %
1Buy19/06/2018$0.05Sell24/06/2018$0.04-18.34.3218.3
2Buy08/10/2018$0.0279Sell11/10/2018$0.02119-24.051.6824.05
3Buy19/12/2018$0.01713Sell13/01/2019$0.0209022.01100.8211.79
4Buy23/03/2019$0.02355Sell21/04/2019$0.025719.1734.187.01
5Buy11/05/2019$0.02539Sell09/06/2019$0.0306920.8761.289.26
6Buy18/09/2019$0.01837Sell24/09/2019$0.01527-16.881.7416.88
7Buy25/10/2019$0.01750Sell08/11/2019$0.018455.4331.149.94
8Buy14/01/2020$0.01527Sell23/01/2020$0.016004.7819.450
9Buy28/01/2020$0.01824Sell16/02/2020$0.0202511.0247.592.41
10Buy24/04/2020$0.01408Sell10/05/2020$0.15117.3218.755.54
11Buy23/05/2020$0.01563Sell11/06/2020$0.015931.9219.1310.04

July 2020 – August 2022

Entering a Bull run, TRX rose from $0.01 levels up to $0.18 mark after which its price crashed to $0.05 levels. Although it revived a bit and regained $0.1 levels however consolidated its position soon around $0.06 levels.

During this period covering 1 major bull run and consolidation, let’s visualize how Athena performed for TRX:

16 Trades

124% Largest win

18% Max Drawdown

At the end of these 2 years, a $1000 initial capital would be $1615

Here are the trades

No.TypeDatePriceTypeDatePriceProfit %Run-Up %Drawdown
1Buy01/07/2020$0.01682Sell16/07/2020$0.01682014.033.98
2Buy26/07/2020$0.01918Sell02/08/2020$0.01758-8.3411.318.34
3Buy03/08/2020$0.01918Sell25/08/2020$0.0233221.5869.341.72
4Buy01/09/2020$0.03248Sell15/09/2020$0.02833-12.7853.6316.16
5Buy20/10/2020$0.02784Sell30/10/2020$0.02624-5.754.717.08
6Buy21/11/2020$0.02915Sell08/12/2020$0.02903-0.4134.316.86
7Buy07/01/2021$0.03288Sell21/01/2021$0.02775-15.611.7418.07
8Buy25/01/2021$0.03248Sell23/02/2021$0.0450938.8298.5515.21
9Buy17/03/2021$0.05417Sell20/04/2021$0.12154124.37232.293.77
10Buy05/08/2021$0.06983Sell27/08/2021$0.0816916.9838.410.2
11Buy02/09/2021$0.09665Sell07/09/2021$0.08508-11.9710.9911.97
12Buy12/09/2021$0.10727Sell20/09/2021$0.09373-12.6214.6612.62
13Buy02/11/2021$0.10616Sell18/11/2021$0.10279-3.1721.836.32
14Buy28/03/2022$0.07165Sell06/04/2022$0.06745-5.8611.045.86
15Buy04/05/2022$0.07956Sell11/05/2022$0.06813-14.3716.6314.37
16Buy29/07/2022$0.07079Sell18/08/2022$0.06787-4.122.294.96

Conclusion

For anyone looking to invest in Tron, Athena is one of the top strategies if they want to avoid the high volatility and choose a more smoother road to their crypto investments.
Athena is LONG ONLY & doesn’t use leverage. It Works on SPOT Market thus has a relatively lower risk.

Still Waiting on the sidelines?

Start investing in crypto today with sypto.xyz
Connect with sypto team and see how we can help you invest better in crypto.