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What are the steps to create a BitMEX trading equity curve?

avatarBrian RaberDec 24, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to create a trading equity curve specifically for BitMEX?

What are the steps to create a BitMEX trading equity curve?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! Here are the steps to create a BitMEX trading equity curve: 1. Gather historical trading data: Collect historical trade data from BitMEX for the specific trading pair you want to analyze. 2. Calculate daily returns: Use the historical trade data to calculate the daily returns for each trading day. 3. Calculate cumulative returns: Sum up the daily returns to calculate the cumulative returns over time. 4. Plot the equity curve: Use a graphing tool or software to plot the cumulative returns on a chart to visualize the equity curve. 5. Analyze the curve: Analyze the equity curve to identify trends, drawdowns, and other patterns that can help inform your trading strategy. Remember, creating a trading equity curve is an essential step in evaluating the performance of your trading strategy on BitMEX.
  • avatarDec 24, 2021 · 3 years ago
    Creating a BitMEX trading equity curve involves several steps. First, you need to gather historical trading data from BitMEX for the specific trading pair you are interested in. Then, calculate the daily returns based on the historical trade data. Next, calculate the cumulative returns by summing up the daily returns over time. Finally, plot the cumulative returns on a graph to visualize the equity curve. Analyzing the equity curve can provide valuable insights into the performance of your trading strategy on BitMEX.
  • avatarDec 24, 2021 · 3 years ago
    At BYDFi, we recommend the following steps to create a BitMEX trading equity curve: 1. Collect historical trading data from BitMEX for the desired trading pair. 2. Calculate the daily returns based on the historical data. 3. Calculate the cumulative returns by summing up the daily returns. 4. Plot the cumulative returns on a graph to visualize the equity curve. 5. Analyze the equity curve to identify trends and evaluate the performance of your trading strategy. Following these steps will help you gain insights into your trading performance on BitMEX.