Historical rule simulator

Backtest: When Fear & Greed Falls Below 20

Simulates one mechanical rule โ€” buy when fear & greed falls below 20, hold a fixed number of days, then exit โ€” using only this site's own historical occurrence data. Only one position is held at a time; signals that fire while already in a trade are skipped and shown below.

Rule results for Bitcoin

12 historical signal(s) detected for Bitcoin; 9 non-overlapping trade(s) taken at a 7-day hold (3 skipped because a position was already open).

Completed trades9
Win rate44.4%
Average return / trade-4.16%
Compounded total return-34.44%
Max drawdown-36.11%
Buy & hold, same period-37.03%

Hypothetical growth of $100

Entry dateExit dateEntry priceExit priceTrade returnEquity after
2025-11-08 2025-11-15 $103191.7561 $94772.6144 -8.16% 91.84
2025-12-07 2025-12-14 $89227.4527 $90253.1181 +1.15% 92.90
2025-12-15 2025-12-22 $88184.4109 $88672.3297 +0.55% 93.41
2025-12-26 2026-01-02 $87192.2347 $88764.1262 +1.80% 95.09
2026-01-22 2026-01-29 $89453.9047 $89212.2082 -0.27% 94.84
2026-01-30 2026-02-06 $84630.4207 $62778.2176 -25.82% 70.35
2026-03-20 2026-03-27 $69936.1993 $68727.2123 -1.73% 69.13
2026-06-03 2026-06-10 $66727.2642 $61669.7638 -7.58% 63.89
2026-07-08 2026-07-15 $63335.3093 $64983.5191 +2.60% 65.56

How this backtest works

Every trade uses the same independent-episode detection and forward-return data as the full study page. A trade is entered on the day a signal triggers and exited exactly 7 days later at the historical close; a new signal is ignored while a trade is still open, so the trade count below is always less than or equal to the number of raw signals. Returns compound sequentially starting from a hypothetical $100.

View the full study for Bitcoin ยท Read the full methodology