July was the first month of SentiBot’s operations based on the CryptoPulse BTCUSDT strategy allowing sell/buy operations every 15 minutes instead of every 1 hour as before.
SentiBot performance analysis
Since January, observations have been made on the effectiveness of the CryptoPulse BTCUSD strategy. The analysis for the period January-July for closed positions shows that the possible performance of the CryptoPulse BTCUSDT strategy (+89%) clearly exceeds the results achieved using the hodl method (+77%).
Also, the analysis of monthly results shows the advantage of the CryptoPulse BTCUSDT strategy over breeding. This strategy protected the invested capital from the decline experienced by hodl in May (-6.9%) and July (-4.1%).
In addition, the picture of the effectiveness of the CryptoPulse BTCUSDT strategy is reinforced by the measurement of the drawndown indicator. As you can see, the strategy successfully protected capital from significant losses throughout the period. Suffice it to say that for the CryptoPulse BTCUSDT strategy the max drawdown was – 5%, while in the hodling it was – 21%.
The reported results achieved by Senti-Trading-Bot (in January-July 2023) in the form of the average level of profit from closed positions (+1.87%) far exceeded the average level of losses (-0.23%). Also noteworthy is the profit factor, which stood at 2.56 at the end of July 2023. This factor is defined as the sum of all trades with a profit, divided by the sum of all trades closed with a loss. A profit factor above 1.50 is considered good enough, and above 2.0 is considered ideal.
Results of the first commercial SentiBot
Below are the results of the Bot for our first commercial client (it was launched in September 2022). The bot ran on the Conservative strategy until June 2023, and from July 01 it used the CryptoPulse BTCUSDT strategy.
At the end of July, the profitability of the strategy involving breeding was slightly higher than the bot’s efficiency. However, it should be noted that over the course of these eleven months, in addition to generating profits, the bot successfully protected the investor from the spikes in the BTC price that occurred in November 2022 and May and July 2023.
In addition, the protective nature of the bot’s operation (regardless of the strategy used) is attested to by the value of the max drawdown rate of -10% for the analyzed period with -29% for breeding.
The data presented by Sentimenti neither in whole nor in part constitute a “recommendation” within the meaning of the provisions of the Act on Trading in Financial Instruments of July 29, 2005, or Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014. on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, as well as Commission Delegated Regulation (EU) 2017/565 of April 25, 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organizational requirements and operating conditions for investment firms and terms defined for the purposes of that Directive. The content does not meet the requirements for recommendations within the meaning of the aforementioned law, among other things, it does not contain a specific valuation of any financial instrument, is not based on any valuation method, and does not specify investment risks.