The ETHUSDT bot is one of the most popular on the SkyRocket Platform. Its main advantage is enjoying the profits of the world’s second biggest cryptocurrency while having with lower risk that comes with the great volatility of the cryptocurrency market (or so-called DUMPs)

Data represented here is for the period from 24.12.2019 – 03.02.2021 

Results for the last 12 months:

24.12.2019 – 126,11 USD

03.02.2020 – 1141,42 USD

Trading unit: 1 ETH/USDT

Final result: 905%

Chart 1. ETH/USD chart with signals, and Equity Line (green)

Statistics:

Number of transactions: 338

Maximum drawdown: 29%

Sharpe Ratio for weekly periods (700 fifteen minutes’ periods, Rf=0): 0,38

Standard deviation of weekly periods: 13,5%

Average Rate of Return of weekly periods: 5,1% 

The Sharpe ratio is a variable that helps us assess the return on investment compared to the risk. The higher value of the Sharpe ratio the lesser the risk. For example USD treasury bond can be considered a risk-free asset (at least in the traditional finance space)

Chart 2. Sharpe Ratio (orange line), Standard Deviation (blue) and Rate of Return (red)

 

Robot versus buy and hold Eth strategy.

Greenline – Robot equity line, Blackline – ETH/USDT prices. Robot buys and holds only ETH. Robot results are much more stable for investors than buying and holding the Eth/USD, especially in the case of drawdown.

 

Summary

A robot that works effectively on ETH. It performs only buy and exit long signals. Robot may open only one, long position. The investor can expect a moderate number of trades, not more than two/three a day. 

The three most important features of the BOT

  • It works 24 hours a day, analysing the situation every 15 minutes.
  • It takes advantage of Ethereum up trends.
  • It’s very liquid – you can keep it and cash it in at almost any time.

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