STRATEGIES
← STRATEGY REGISTRYHistorical backtest

MNTUSDTTrend following

TW

Follows changes in the prevailing price trend.

Longmntusdt-c576ab2a1d

Data updated:

ANNUAL RETURN (CAGR)123.92%
NET RETURN1,062.96%
MAX MARK DRAWDOWN32.25%
BTC BUY & HOLD190.23%

Cumulative return

StrategyBTC spot buy-and-hold
Strategy versus BTC spot buy-and-hold cumulative return, percent

Drawdown

StrategyBTC spot buy-and-hold
Daily strategy and BTC drawdown, percent

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
2023-10-02
Backtest end
2026-10-18 (exclusive)
Closed positions
111
Profitable trades
22.52%
Best calendar month
52.92%
Worst calendar month
-11.98%
Longest daily underwater spell
218 days
Daily return volatility
2.88%

Rolling 12-month return

StrategyBTC spot buy-and-hold
Rolling 12-month return

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

Quarterly returns

StrategyBTC spot buy-and-hold
Quarterly returns

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
Time below previous peak

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

Rolling 90-day BTC correlation

Strategy versus BTC
Rolling 90-day BTC correlation

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—————————11.8%22.2%5.2%20247.1%15.7%51.1%-0.7%-8.5%-3.6%15.5%-1.1%-5.2%-6.5%30.6%18.3%20259.9%-12.0%-2.8%5.6%-0.3%-5.3%29.0%52.9%31.8%-1.7%-1.8%-1.8%2026-5.3%-2.6%14.5%-11.6%0.8%-4.3%-5.7%30.0%32.4%-6.6%——

Calendar-year performance

PeriodStrategyBTC hold
202343.72%50.60%
2024156.40%121.29%
2025130.96%-6.33%
202636.65%-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.