The Parachute
Performance since launch
Backtest volatility
About this strategy
Holds bitcoin and ethereum while bitcoin's long-term trend is intact, and moves fully to cash when the trend breaks.
How it works
- Agent triggers
Starts daily at 1:00 PM UTC, checking bitcoin's trend. It looks for the closing price against its 200-day average.
- Computes its signals
It reads bitcoin's daily closing price to determine the trend. If bitcoin is above the average by at least 3%, it holds a 65/35 split of bitcoin and ethereum.
- Sets the target portfolio
When the trend breaks, the target shifts fully to cash. The target mix is all cash until the trend resumes, no partial positions.
- Executes orders
Your account trades toward the target, sells before buys, inside the platform's risk rails: stop-loss and daily loss limits you control.
Ask this agent
. Preview chat needs an account.
Answers describe the strategy’s rules, not investment advice.
Backtests
* Backtest figures are simulated based on historical market data. Past performance is not indicative of future results.