Has a working strategy12 strategies tested
The best Ethereum (ETH) trading strategy and bot, backtested
The best Ethereum (ETH) trading strategy in our backtests is Ichimoku Cloud. Tested on ETH alone from 2024-08-15 to 2026-09-29, it earned a Sharpe of 1.28 over 32 trades, net of fees, slippage and funding. 2 of the 12 strategies we ran on ETH cleared our bar of Sharpe 1.0. Each can run as a trading bot on your own Hyperliquid account: the library versions trade a basket of coins, so fork one and pick ETH as its only coin to run it on ETH alone.
By Keel Research Team · Data as of 2026-09-29 · how these backtests were produced
Best Sharpe
1.28
Ichimoku Cloud
Cleared the bar
2 / 12
Data from
2024-08-15
first bar in the test
Tested through
2026-09-29
end of the test
The ETH strategy leaderboard
Every strategy ranked by net Sharpe. Rows that clear the Sharpe 1.0 bar are highlighted; failed and wiped-out runs stay visible. Click any strategy for its full multi-asset backtest.
| Strategy | Net Sharpe | Return | Max DD | Trades | Confidence |
|---|---|---|---|---|---|
| Ichimoku Cloudclears bar | 1.28 | +204.3% | −29.5% | 32 | moderate |
| MACD Crossoverclears bar | 1.24 | +17.3% | −7.4% | 99 | moderate |
| Breakout | 0.95 | +120.2% | −34.9% | 86 | moderate |
| Supertrend | 0.80 | +15.3% | −7.5% | 19 | low |
| MA Crossover | 0.67 | +9.5% | −7.0% | 7 | very low |
| Confluence | 0.65 | +7.0% | −8.6% | 80 | moderate |
| AI Trading Bot | 0.56 | +11.7% | −11.6% | 11 | low |
| Stochastic | 0.32 | +2.3% | −5.3% | 3 | very low |
| RSI | 0.18 | +0.9% | −2.8% | 3 | very low |
| Supertrend Bollinger | 0.17 | +1.9% | −10.2% | 29 | low |
| ADX Trend | -0.14 | -1.7% | −8.4% | 56 | moderate |
| Mean Reversion | -1.16 | -9.1% | −9.7% | 125 | ok |
2024-08-15 → 2026-09-29 · net of fees, slippage, and funding · one engine, one window, one cost model for every strategy, with no cherry-picking.
The return column reflects each strategy’s own position sizing (some hold only a small slice of one coin), so Sharpe, which isn’t affected by leverage, is the fair way to rank them. 3 strategies that rank coins against each other (like funding carry and momentum ranking) can't run on a single asset, so they're left out.
Start from the best ETH strategy: Ichimoku Cloud
Ichimoku Cloud cleared the bar on ETH alone (Sharpe 1.28). The library version trades a basket of coins. To run it on ETH alone, fork it and pick ETH as its only coin.
At $1,000, Ichimoku Cloud's worst historical dip on ETH alone was about $295. Free account, your own keys. Keel only places the trades.
Ethereum trading bot on Hyperliquid
Any strategy on this page can be your Ethereum trading bot, running on your own Hyperliquid account with no code. The ones that cleared our bar on ETH are the place to start: Ichimoku Cloud and MACD Crossover. We tested each one on ETH alone, while the library versions trade a basket of coins, so fork one, pick ETH as its only coin and backtest it again before you start it.
Paper trade it first on live prices, which needs no wallet. When you go live, Keel trades from your own Hyperliquid account through an agent wallet that can place trades but can never withdraw, so your money stays in your account, and you can pause the bot or revoke its access at any time.
Ethereum indicators today
The Ethereum indicator dashboard shows today's daily RSI, MACD, moving averages, volatility and Hyperliquid funding for ETH, updated once a day. Check where ETH stands now, then test a rule on it with the strategies above.
What this is: a single-asset backtest of 12 systematic strategies on ETH, on real Hyperliquid data, net of fees, slippage and funding. A high Sharpe on a low trade count is a small sample, not a promise. Where nothing clears the bar, we say so. Past performance does not predict future results, and this is not investment advice.
Related tools
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Strategies on other assets
See the full strategy library or the per-asset index.