The next step in the Bollinger Band simulations is to look
at recent BTC prices attempting to identify recent market trends. Adding a 3rd
variable to step through isn’t overly complicated. But coming up with a way to
measure the results is. It’s going to require looking at each transaction and
building a ledger to compute profit or loss on each sale then summing over all
transactions. This will also require a minor adjustment. In past simulations,
we’ve started by splitting our $10,000 stake equally between cash and coins.
Since each sell transaction will have to match a previous buy, we’ll have to
start with zero coins and all cash. All $10,000 will initially be allocated to
cash.
The decision has to do with continuing this topic on the
blog. One of the primary reasons for including bitcoin analysis was to generate
some discussion (questions, ideas, suggestions, etc.). It has not happened. In
fact, I don’t detect any interest in the blog or the files that I offer to
share. So, it doesn’t make sense for me to take time away from actual analysis
to continue posting. Therefore, I’m going to cease and spend my time in analysis.
If you wish to comment or continue a discussion, contact me at ole44bill@gmail.com.
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