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 Cardano

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

Completed trades9
Win rate11.1%
Average return / trade-8.80%
Compounded total return-58.61%
Max drawdown-58.61%
Buy & hold, same period-71.39%

Hypothetical growth of $100

Entry dateExit dateEntry priceExit priceTrade returnEquity after
2025-11-08 2025-11-15 $0.5781 $0.4981 -13.84% 86.16
2025-12-07 2025-12-14 $0.4138 $0.4108 -0.73% 85.53
2025-12-15 2025-12-22 $0.3965 $0.3663 -7.64% 79.00
2025-12-26 2026-01-02 $0.3432 $0.3568 +3.98% 82.14
2026-01-22 2026-01-29 $0.3784 $0.3711 -1.93% 80.56
2026-01-30 2026-02-06 $0.3459 $0.2541 -26.56% 59.16
2026-03-20 2026-03-27 $0.2835 $0.2695 -4.92% 56.25
2026-06-03 2026-06-10 $0.2127 $0.1652 -22.33% 43.69
2026-07-08 2026-07-15 $0.1746 $0.1654 -5.26% 41.39

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 Cardano ยท Read the full methodology