← STRATEGY REGISTRYHistorical backtest

CAKEUSDTTrend following

Follows changes in the prevailing price trend.

Longcakeusdt-1da5500a7c

Data updated: 2026-10-19

ANNUAL RETURN (CAGR)97.77%

NET RETURN650.44%

MAX MARK DRAWDOWN33.37%

BTC BUY & HOLD138.11%

Cumulative return

StrategyBTC spot buy-and-hold

Drawdown

StrategyBTC spot buy-and-hold

Daily observations. Headline Max Mark DD uses the full native-resolution simulation.

Strategy profile

Direction: Long
BTC filter: No
Protective stop: Fixed
Signal exit: Yes
Exit rules: Signal / stop loss
Position sizing: Notional allocation
Backtest start: 2023-11-03
Backtest end: 2026-10-18 (exclusive)
Closed positions: 131
Profitable trades: 33.59%
Best calendar month: 56.89%
Worst calendar month: -17.03%
Longest daily underwater spell: 331 days
Daily return volatility: 3.07%

Rolling 12-month return

StrategyBTC spot buy-and-hold

Trailing calendar-year return, without annualizing shorter windows. The first 12 months have no values.

Quarterly returns

StrategyBTC spot buy-and-hold

Full calendar quarters only; partial quarters excluded. Consistency is the share of these quarters with a positive strategy return.

Time below previous peak

StrategyBTC spot buy-and-hold

Days since the previous daily equity peak; resets to zero when that peak is recovered.

Rolling 90-day BTC correlation

Strategy versus BTC

Correlation of daily returns over 90 complete daily observations, from −1 to +1. Gaps mean undefined correlation. This does not indicate whether BTC is used in signals.

Monthly returns / %

YEARJANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC2023——————————-9.5%53.7%2024-11.8%4.8%-4.5%0.2%4.6%-3.1%-0.8%12.3%21.7%-7.5%4.7%20.8%20255.7%56.9%43.2%-5.1%6.2%1.3%-3.1%-17.0%-1.5%42.0%3.2%-8.0%20264.6%-4.9%-0.5%0.3%5.3%-1.0%2.7%13.5%21.1%0.2%——

Calendar-year performance

Period	Strategy	BTC hold
2023	39.09%	23.56%
2024	42.13%	121.29%
2025	159.03%	-6.33%
2026	46.54%	-7.02%

First and last periods may be partial. Returns are not annualized.

Reading this report

Both curves begin at zero percent on the same effective start date. BTC is a spot buy-and-hold benchmark.

Profitable trades counts fully closed positions after costs and funding. It is not the percentage of positive days.

Different start dates describe different market histories; compare periods before comparing rankings.

Methodology & limitations

Historical simulation. Closed-bar signals and next-open execution; fees, slippage and historical funding included. BTC spot benchmark includes entry costs and no perpetual funding. Account value is compounded continuously without annual resets.

Observed research periods are not untouched out-of-sample data. Daily analytics use QuantStats; headline financial metrics use the saved backtest. Current instrument constraints are applied retrospectively. Leveraged simulations do not model exchange liquidation. Calculation cutoff: 2026-10-18, exclusive.