Almanak has unveiled its new Strategy Builder, a comprehensive tool designed to automate the entire process of strategy design, backtesting, and optimization for crypto trading. This tool allows users to deploy strategies that operate continuously, even while the user is offline.
In the first episode of a new series, the Strategy Builder was used to create a Bollinger Bands Reversion strategy for the cbBTC/USDC market on Base. The strategy, which uses a 4-hour time frame and an initial capital of 500 USDC, aims to outperform a simple buy-and-hold approach. The author provided practical tips for beginners, such as selecting high-liquidity pools and using a 0.05% fee tier. Weekly performance comparisons between the algorithmic strategy and the buy-and-hold method are planned, with more complex strategies expected in future episodes.
Almanak Launches Strategy Builder for Automated Crypto Trading
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