STEADYTRADE
Strategy backtests · past-window simulation, not investment advice
BTC/USDTETH/USDTGold (PAXG)

EMA Cross · Gold (PAXG)

Same idea as MA Cross but exponentially weighted — reacts faster, whipsaws more.

Total return
67.4%
10,000 → 16,744
vs buy & hold
-51.1%
over the same period 118.6%
Max drawdown
17.2%
10,000 → 8,522
Longest underwater
1052
1052 days · 94% of the period
Settings that beat it
1 / 16
of 16 parameter settings tested
Win rate
28%
95% CI 17%–44% · n=39
This lost to simply buying and holding.

Over 2020-09-01 → 2026-09-23 it returned 67.4% while buying once on the first day and never touching it returned 118.6% — 51.1% worse. Across the whole parameter grid, 1 of 16 settings beat the benchmark; the median setting returned 88.1%.

It spent 1052 days below its previous high at the longest stretch — 94% of the whole period under water.

Price & fills

Equity

account equitybuy & holddashed = starting capital

78 fills. Signals are taken on the close and filled at the next open.

A 0% risk of ruin here is a property of the test, not a safety rating. These runs are long-only spot with no borrowed money, so there is no margin call and nothing can force the position closed. The account cannot be wiped out — it gets stuck holding the asset instead. Capital deployed (2×) and max drawdown (17.2%) are the numbers that carry the risk on this page. The same rules run on margin would be a different measurement, and this figure would not stay at zero.

Outcome distribution

A single return is one chosen start date. These are 62 runs of the same rules with the start shifted forward 30 days at a time.

Worstp10p25Medianp75p90BestLosing starts
-7.5%-4.6%-1.6% 8.6%15.5% 28.9%47.0%32%

Does it survive outside its best case?

The numbers above are one market on one timeframe. A rule that only works there did not work — the market did.

Timeframe

Same rules, same parameters, different candle size on Gold (PAXG).

TimeframeTradesReturnBuy & holdvs B&HBeat itTrades
4H 13281 16% 119% -102% no202
1D ← 2214 67% 119% -51% no39
1W 316 95% 123% -27% no5

Market — 2 of 3

Same rules, same parameters, different asset — daily candles.

MarketReturnBuy & holdvs B&HBeat it
BTC/USDT 1668% 530% +1138% yes
ETH/USDT 1197% 276% +921% yes
Gold (PAXG) 67% 119% -51% no

Does it survive its own parameters?

The headline above uses one parameter setting. Here is every setting tested: 16 combinations, median 88.1%, best 120.3%, worst 57.1%. 1 of them beat buy & hold.

Parameter grid

EMA Cross run across its own parameter range over the full period. The same rules flip from profit to loss depending only on the numbers you picked — which is why a single headline return is meaningless on its own.

fast 5fast 9fast 12fast 21
slow 2659%57%67%101%
slow 5087%100%87%78%
slow 10096%88%93%114%
slow 200120%116%110%88%

Hover a cell for trade count and drawdown. “·” = invalid combination (fast ≥ slow).

Year by year

Year202120222023202420252026
Return-0%4%3%11%20%-3%
Max DD12%15%9%12%12%8%
Trades555843

Recent closed trades

ClosedP&L (USDT)Held
2026-09-11 +137.02 36 bars
2026-05-15 -271.14 2 bars
2026-04-25 -464.24 9 bars
2026-03-16 +2951.31 124 bars
2025-11-04 +2176.85 69 bars
2025-08-15 -213.04 10 bars
2025-07-30 -98.40 9 bars
2025-06-28 -87.45 36 bars
2025-05-16 +2268.57 129 bars
2024-12-19 -433.80 7 bars
2024-11-26 -439.15 1 bars
2024-11-10 +1275.01 127 bars
2024-06-08 -262.88 1 bars
2024-06-03 -52.58 22 bars
2024-05-05 +1170.83 64 bars
2024-03-01 -127.75 1 bars
2024-02-10 -189.34 8 bars
2024-01-18 -192.90 2 bars
2024-01-11 +158.96 55 bars
2023-11-13 -28.36 29 bars
2023-09-28 -220.15 8 bars
2023-09-09 -85.26 6 bars
2023-08-11 -146.95 28 bars
2023-05-19 +427.88 68 bars
2023-02-08 +968.91 92 bars

What it is

Reference — Glowwiki: 기술적 분석
The definitions and formulas below follow that article. It states its own limit plainly:
“지표 교차를 매매 시점으로 보는 해석이 통용되나, 이는 관행적 해석이며 실제 수익으로 이어지는지는 이 문서에서 다루지 않음.”
That is the question this page answers.

Formulas

Exponential moving average
EMAₜ = α·Cₜ + (1−α)·EMAₜ₋₁, α = 2/(n+1)
Recent closes carry more weight than older ones

Established

Conventional reading

Listed as convention, not as established fact.

Sources

  1. 기술적 분석 — Glowwiki (ko)
  2. Technical analysis — Wikipedia (en)

Assumptions

Period2020-09-01 → 2026-09-23
Parameters{"fast":12,"slow":26}
Fees0.10% taker + 0.05% slippage, both legs
Starting capital10,000 USDT · long-only spot, no leverage
Rolling test365 bars × 62 start dates
Input hashfdea283671ff88e0

Other strategies · Gold (PAXG)

Buy & HoldMartingaleGridDCAMA CrossEMA CrossRSI ReversionMACD CrossBollinger ReversionDonchian BreakoutSupertrendStochastic CrossParabolic SAR