same window · same costs · same engine

Supertrend vs MACD Crossover

Backtested on the same Hyperliquid perps over 2024-08-15 → 2026-09-29, at the same costs and on the same engine: MACD Crossover wins on risk-adjusted return, a Sharpe of 1.87 against 0.99. Supertrend rode out the shallower worst drawdown (32%), and MACD Crossover made the most in total. When Bitcoin was trending up, MACD Crossover gained more; when it was falling, MACD Crossover held up better.

By Keel Research Team · Data as of 2026-09-29 · how these backtests were produced
Supertrend MACD Crossovergrowth of $100, net of costs
Supertrend
Net Sharpe
0.99
Total return
+105.0%
Max drawdown
−31.6%
Trades
679
Win rate
67%
MACD Crossoverwinner
Net Sharpe
1.87
Total return
+408.8%
Max drawdown
−33.3%
Trades
2,746
Win rate
60%
Run the winner — MACD Crossover

MACD Crossover came out ahead here (Sharpe 1.87 vs 0.99). Start it on your own Hyperliquid account, or fork it and change the settings first.

Run MACD Crossover →Fork & customize

At $1,000, MACD Crossover's worst historical dip was about $333. 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).

MarketSupertrendMACD CrossoverHigher return
Rising Bitcoin+20.3%+162.4%MACD Crossover
Falling Bitcoin+52.4%+59.7%MACD Crossover
See Supertrend →See MACD Crossover →

What this is: a head-to-head backtest of Supertrend and MACD Crossover 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

Momentum vs Mean ReversionRSI vs StochasticMACD Crossover vs MA CrossoverSupertrend vs Ichimoku Cloud
Or the big question: do crypto trading bots actually work? →
Questions

Supertrend vs MACD Crossover FAQ

Supertrend vs MACD Crossover: 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: MACD Crossover wins on risk-adjusted return, a Sharpe of 1.87 against 0.99. Supertrend rode out the shallower worst drawdown (32%), and MACD Crossover made the most in total. When Bitcoin was trending up, MACD Crossover gained more; when it was falling, MACD Crossover held up better.

Is this a fair comparison of Supertrend and MACD Crossover?

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 MACD Crossover beat Supertrend?

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