June was the last month of SentiBot’s activity based on a conservative 1-hour strategy. Testing of the new CryptoPulse BTCUSDT strategy was completed in June.
SentiBot results Conservative strategy
An analysis of the results for the last 12 months (July 2022 – June 2023) shows that, even in this period, the performance of SentiBot with a conservative strategy (+55%) was comparable to the results possible using the breeding method (+55%).
At this point, it should be noted that in the case of breeding from July to November 2022, significant losses were recorded, reaching up to -15% of the initial capital at the end of November. In comparison, at the end of this period, the conservative strategy recorded a profit of +14%. In addition, the picture of the effectiveness of the conservative strategy is reinforced by the measurement of the drawdown ratio.
As you can see, the conservative strategy successfully protected the capital from significant losses throughout the period. Suffice it to say that for the conservative strategy the max drawdown was -14%, while in breeding it was -34%.
The SentiBot’s performance (over 12 months) in the form of the average level of profit from closed positions (+2.86%) far exceeded the average level of losses (-0.57%). Also, noteworthy is the profit factor, which stood at 1.65 at the end of June 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 (Conservative strategy)
Below are Bot’s results for our first commercial client with a conservative strategy (launched in September 2022).
At the end of June, the profitability of the strategy based on breeding was higher than the bot’s efficiency. However, it should be noted that over the course of these ten months, in addition to generating profits, the bot effectively protected the investor from the spikes in the BTC exchange rate that occurred in November 2022 and March and May 2023. In addition, the protective nature of the conservative strategy is attested to by the value of the maximum drawdown rate amounting to -10% for the analyzed period with -29% for HODL.
New strategy version of SentiBot
In June, direct testing of the production version of the Senti-Trading-Bot was completed with the new CryptoPulse BTCUSDT strategy, allowing sell/buy operations every 15 minutes (previously this was done every 1 hour). Completed tests for the period January-June 2023 showed that the updated version of the bot with the new strategy allows to significantly increase both the number of closed positions and their profitability. Starting July 1, all bots launched for clients will be in action based on the new CryptoPulse BTCUSDT strategy. Below are the graphical test results of the production version of Senti-Trading-Bot with the new strategy.
Increased profitability compared to HODL and Conservative strategy
Increased security of capital compared to HODL
Increased number of closed positions
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.