same window · same costs · same engine

MA Crossover vs Ichimoku Cloud

Backtested on the same Hyperliquid perps over 2024-08-15 → 2026-09-29, at the same costs and on the same engine: MA Crossover wins on risk-adjusted return, a Sharpe of 1.05 against 0.94. MA Crossover rode out the shallower worst drawdown (30%), and MA Crossover made the most in total. When Bitcoin was trending up, MA Crossover gained more; when it was falling, Ichimoku Cloud held up better.

By Keel Research Team · Data as of 2026-09-29 · how these backtests were produced
MA Crossover Ichimoku Cloudgrowth of $100, net of costs
MA Crossoverwinner
Net Sharpe
1.05
Total return
+130.8%
Max drawdown
−30.4%
Trades
54
Win rate
37%
Ichimoku Cloud
Net Sharpe
0.94
Total return
+115.4%
Max drawdown
−45.5%
Trades
825
Win rate
59%
Run the winner — MA Crossover

MA Crossover came out ahead here (Sharpe 1.05 vs 0.94). Start it on your own Hyperliquid account, or fork it and change the settings first.

Run MA Crossover →Fork & customize

At $1,000, MA Crossover's worst historical dip was about $304. Free account, your own keys — Keel only places the trades.

When each one wins

Total return while Bitcoin was trending up vs trending down (split by Bitcoin’s 100-day trend line).

MarketMA CrossoverIchimoku CloudHigher return
Rising Bitcoin+249.9%+16.4%MA Crossover
Falling Bitcoin-43.1%+69.3%Ichimoku Cloud
See MA Crossover →See Ichimoku Cloud →

What this is: a head-to-head backtest of MA Crossover and Ichimoku Cloud on the same Hyperliquid window, costs and engine — net of fees, slippage and funding. The overlay is growth of $100 (normalized), not a return promise. A higher Sharpe is not a guarantee; both strategies draw down. Past performance does not predict future results, and this is not investment advice.

Related tools

Live crypto market regime→Hyperliquid fee calculator→

More comparisons

Supertrend vs MACD CrossoverMomentum vs Mean ReversionRSI vs StochasticMACD Crossover vs MA Crossover
Or the big question: do crypto trading bots actually work? →
Questions

MA Crossover vs Ichimoku Cloud FAQ

MA Crossover vs Ichimoku Cloud: which is better for crypto?

Backtested on the same Hyperliquid perps over 2024-08-15 → 2026-09-29, at the same costs and on the same engine: MA Crossover wins on risk-adjusted return, a Sharpe of 1.05 against 0.94. MA Crossover rode out the shallower worst drawdown (30%), and MA Crossover made the most in total. When Bitcoin was trending up, MA Crossover gained more; when it was falling, Ichimoku Cloud held up better.

Is this a fair comparison of MA Crossover and Ichimoku Cloud?

Yes. Both were backtested over the exact same dates (2024-08-15 → 2026-09-29), with the same costs — fees, slippage and funding — on the same engine Keel uses to trade live. Neither side gets a friendlier window or lower fees.

When does MA Crossover beat Ichimoku Cloud?

It depends on the market. When Bitcoin was trending up, MA Crossover made more; when Bitcoin was falling, Ichimoku Cloud held up better. That split is measured across the whole test from each strategy's own results, not a single lucky month.