Today’s report focuses on a super extensive XRP Backtest report. We took a look at more than 15 trading signals and strategies. For each of them, we performed an extensive backtest with data from the last three years — and the results are impressive.
However, we didn’t stop and performed the backtest on three different timeframes: the daily chart, the hourly chart, and the 15-minute chart timeframe. So get ready to dive into extensive data, thoroughly assessed results, and valuable insights.
A Quick Summary
In case you don’t have time to read through the complete XRP Backtest Report, we put together a quick summary.
Short Term Signals (15 Minutes):
- Hyper Scalper and Tri Trendmaster are the most successful strategies, with results above 70% and even 80%. Moreover, most of the results are based on many trade signals.
- However, besides these top-performing signals, most of the trading strategies only achieved a 40%-60% success rate.
Medium-Term Signals (1 Hours):
- On the hourly chart, we have Tri Trendmaster with a 100% success rate. However, it is essential to mention that the number of trade signals is relatively low.
- The Hyper Scalper signals (both buy and sell) show some extraordinary results with ~80%.
- All other signals show a performance below 70%.
Long-Term Signals (1 Day):
- “Tri Trendmaster Buy” and “Tri Trendmaster Sell” continue to impress with 100.0% success rates, making them stand out for long-term investors. However, it is important to know that the number of signals is rather low.
- “Bollinger Bands Buy + ADX” and “Bollinger Stochastic Buy” show a high success rate based on many trade signals.
- Long-term signals offer stability and are ideal for investors seeking sustained growth.
Overall, traders can choose signals that align with their preferred trading timeframe and risk tolerance. Short-term signals offer quick gains but have higher volatility, while medium-term and long-term signals provide a more balanced approach. These findings show diversifying strategies can lead to more profitable crypto trading decisions.
Want some more backtest analyses? Check this out:
Ethereum Backtest — The Most Extensive Analysis!
Bitcoin Backtest: How Effective Was the MACD Strategy in 2023?
Bitcoin RSI Trading Examined: A 2023 Backtest Breakdown
XRP Backtest Report — Tradings Strategies & Signals — Daily Chart
Notably, the “EMA Bearish Crossover + ADX” signal boasts a perfect % access rate of 100%, followed closely by “Hyper Scalper Buy,” with another impressive 100% success rate. On the other hand, “Hyper Scalper Sell” exhibits a unique pattern with a 0% success rate, highlighting the importance of understanding market dynamics.
“EMA Bullish Crossover + ADX” and “Bollinger Stochastic Buy” demonstrate steady success rates at 75% and 74.36%, respectively, showcasing their reliability in crypto trading. Meanwhile, “MACD Bearish Crossover + ADX” and “EMA Bullish Crossover” provide traders consistent results from 69.57% to 66.67%.
It’s essential to consider these success rates in conjunction with other factors when crafting your crypto trading strategy. Whether you prefer short-term or long-term trading, this data offers valuable insights into a signal performance that could significantly impact your decision-making process. Stay tuned for more in-depth analysis and trading tips!
| Signal | Detected Signals | Success Rate (%) |
|---|---|---|
| EMA Bearish Crossover + ADX | 2 | 100.0 |
| Hyper Scalper Buy | 3 | 100.0 |
| EMA Bullish Crossover + ADX | 4 | 75.0 |
| Bollinger Stochastic Buy | 39 | 74.36 |
| MACD Bearish Crossover + ADX | 23 | 69.57 |
| EMA Bullish Crossover | 21 | 66.67 |
| EMA Strategy Sell | 33 | 66.67 |
| Big Extender Buy | 9 | 66.67 |
| Bollinger Bands Buy | 65 | 66.15 |
| RSI Overbought + ADX | 17 | 64.71 |
| Bollinger Bands Buy + ADX | 31 | 64.52 |
| EMA Strategy Buy | 29 | 62.07 |
| MACD Bearish Crossover | 43 | 60.47 |
| RSI Overbought | 25 | 60.0 |
| Bollinger Bands Sell + ADX | 47 | 57.45 |
| MACD Bullish Crossover | 42 | 57.14 |
| EMA Bearish Crossover | 21 | 57.14 |
| Bollinger Stochastic Sell | 76 | 56.58 |
| Parabolic Trader Sell | 16 | 56.25 |
| MACD Bullish Crossover + ADX | 18 | 55.56 |
| Bollinger Bands Sell | 79 | 51.9 |
| Power Scalper Buy | 95 | 49.47 |
| Parabolic Trader Buy | 18 | 44.44 |
| RSI Oversold + ADX | 15 | 40.0 |
| Power Scalper Sell | 33 | 39.39 |
| Tri Trendmaster Buy | 0 | 39.39 |
| Tri Trendmster Sell | 0 | 39.39 |
| RSI Oversold | 18 | 38.89 |
| Hyper Scalper Sell | 0 | 33.33 |
| Big Extender Sell | 13 | 30.77 |
XRP Backtest Report — Tradings Strategies & Signals — Hourly Chart
Remarkably, the “Tri Trendmaster Buy” and “Tri Trendmaster Sell” signals exhibit perfect % success rates of 100%, showcasing their reliability in crypto trading. Meanwhile, “Hyper Scalper Sell” and “Hyper Scalper Buy” display impressive success rates of 80.0% and 78.57%, respectively, emphasizing their potential for profitable trading.
Signals such as “Bollinger Bands Buy + ADX,” “Bollinger Stochastic Buy,” and “EMA Bearish Crossover + ADX” consistently perform well, with success rates ranging from 65.02% to 64.71%. These signals offer traders a reliable foundation for decision-making.
Additionally, “MACD Bearish Crossover + ADX” and “Parabolic Trader Buy” demonstrate commendable success rates at 52.61% and 52.5%, further highlighting their relevance in the crypto trading landscape.
| Signal | Detected Signals | Success Rate (%) |
|---|---|---|
| Tri Trendmaster Buy | 1 | 100.0 |
| Tri Trendmster Sell | 2 | 100.0 |
| Hyper Scalper Sell | 20 | 80.0 |
| Hyper Scalper Buy | 14 | 78.57 |
| Bollinger Bands Buy + ADX | 263 | 65.02 |
| Bollinger Stochastic Buy | 331 | 64.95 |
| EMA Bearish Crossover + ADX | 34 | 64.71 |
| Bollinger Bands Sell + ADX | 246 | 64.23 |
| Bollinger Bands Buy | 596 | 63.42 |
| Bollinger Bands Sell | 594 | 60.77 |
| Bollinger Stochastic Sell | 475 | 59.58 |
| Big Extender Buy | 78 | 57.69 |
| MACD Bullish Crossover + ADX | 252 | 57.14 |
| EMA Bullish Crossover + ADX | 49 | 55.1 |
| RSI Overbought + ADX | 122 | 54.92 |
| MACD Bearish Crossover + ADX | 230 | 52.61 |
| Parabolic Trader Buy | 200 | 52.5 |
| MACD Bullish Crossover | 562 | 52.31 |
| MACD Bearish Crossover | 562 | 52.31 |
| EMA Bullish Crossover | 195 | 52.31 |
| EMA Strategy Sell | 290 | 51.72 |
| EMA Strategy Buy | 288 | 50.69 |
| Parabolic Trader Sell | 223 | 50.67 |
| EMA Bearish Crossover | 195 | 50.26 |
| RSI Overbought | 189 | 49.21 |
| RSI Oversold | 174 | 47.13 |
| Power Scalper Buy | 541 | 47.13 |
| Big Extender Sell | 104 | 47.12 |
| RSI Oversold + ADX | 135 | 45.93 |
| Power Scalper Sell | 469 | 42.0 |
XRP Backtest Report — Tradings Strategies & Signals — 15-Minute Chart
Notably, “Tri Trendmaster Sell” and “Hyper Scalper Sell” stand out with impressive success rates of 80.0% and 75.0%, respectively, highlighting their reliability in generating profitable signals. “Hyper Scalper Buy” also demonstrates strong performance at 70.21%, indicating its effectiveness in trading decisions.
Signals such as “Bollinger Bands Buy + ADX,” “Bollinger Stochastic Buy,” and “EMA Bullish Crossover + ADX” maintain consistent success rates, ranging from 62.52% to 61.36%. These signals offer traders a dependable foundation for decision-making.
Additionally, “MACD Bullish Crossover + ADX” and “EMA Bearish Crossover” exhibit success rates of 55.66% and 53.35%, respectively, further underscoring their relevance in the crypto trading landscape.
| Signal | Detected Signals | Success Rate (%) |
|---|---|---|
| Tri Trendmster Sell | 5 | 80.0 |
| Hyper Scalper Sell | 128 | 75.0 |
| Hyper Scalper Buy | 47 | 70.21 |
| Tri Trendmaster Buy | 12 | 66.67 |
| Bollinger Bands Buy + ADX | 1038 | 62.52 |
| Bollinger Stochastic Buy | 1538 | 62.22 |
| EMA Bullish Crossover + ADX | 88 | 61.36 |
| Bollinger Bands Sell + ADX | 799 | 59.07 |
| Bollinger Bands Buy | 2390 | 58.87 |
| Bollinger Bands Sell | 2296 | 57.23 |
| Bollinger Stochastic Sell | 1972 | 57.05 |
| EMA Bearish Crossover + ADX | 78 | 56.41 |
| MACD Bullish Crossover + ADX | 866 | 55.66 |
| EMA Bearish Crossover | 701 | 53.35 |
| EMA Strategy Sell | 1152 | 53.21 |
| MACD Bearish Crossover | 2125 | 52.56 |
| MACD Bullish Crossover | 2126 | 51.41 |
| MACD Bearish Crossover + ADX | 762 | 50.92 |
| Parabolic Trader Buy | 769 | 50.2 |
| EMA Strategy Buy | 1153 | 49.78 |
| EMA Bullish Crossover | 700 | 49.57 |
| Power Scalper Buy | 1704 | 49.41 |
| Parabolic Trader Sell | 810 | 49.01 |
| Big Extender Buy | 248 | 48.79 |
| RSI Overbought + ADX | 356 | 48.6 |
| RSI Overbought | 582 | 47.94 |
| Power Scalper Sell | 1533 | 45.79 |
| Big Extender Sell | 285 | 45.26 |
| RSI Oversold | 555 | 44.5 |
| RSI Oversold + ADX | 397 | 44.08 |
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