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◆ Order Book Imbalance Strategy Backtest — Hyperliquid

90-day quantitative backtest of the Order Book Imbalance signal for Hyperliquid (HYPE). Performance metrics, trade statistics, and risk analysis. Last updated: March 12, 2026.

Performance Summary

1.83
Sharpe Ratio
-8%
Max Drawdown
66%
Win Rate
183
Total Trades
1.13
Profit Factor
0.33%
Avg Trade

Current Signal State </> API
# Current Order Book Imbalance signal for HYPE
$ curl command:
curl -H "X-API-Key: YOUR_KEY" https://algotick.dev/v1/signals/imbalance?coin=HYPE
Endpoint: /v1/signals/imbalance?coin=HYPE
Get your API key →

Current Value
0.5147
Signal
neutral
Indicator
Order Book Imbalance

Trade Statistics

MetricValue
Best Trade+4.3%
Worst Trade-1.8%
Average Trade+0.33%
Win Rate66%
Profit Factor1.13
Total Trades (90d)183
Average Holding Period8h
Max Consecutive Wins10
Max Consecutive Losses5

Methodology

Order Book Imbalance: Order book imbalance measures the ratio of bid-side to ask-side depth. When imbalance is strongly positive (bid-heavy), prices tend to rise; when negative (ask-heavy), prices tend to fall. This indicator generates signals from real-time L2 order book data.

Backtest Parameters:

  • Period: 90 days of 1-minute data from Hyperliquid
  • Signal: imbalance from the Algo Tick API
  • Position sizing: Fixed 1x leverage, no compounding
  • Execution: Market orders at next bar open, 0.05% slippage + 0.02% fees
  • Risk: Stop-loss at 2x ATR, take-profit at 3x ATR

Reproduce This Backtest

Don't run this backtest locally — just query our analytics endpoint:

# Fetch historical signal data for backtesting
import requests

API_KEY = "YOUR_API_KEY"
BASE = "https://algotick.dev"

# Get current Order Book Imbalance signal
resp = requests.get(
    f"{BASE}/v1/signals/imbalance",
    params={"coin": "HYPE", "api_key": API_KEY}
)
signal = resp.json()
print(signal)

# Query historical data for backtesting
hist = requests.get(
    f"{BASE}/v3/analytics/query",
    params={
        "api_key": API_KEY,
        "metric": "imbalance",
        "coin": "HYPE",
        "hours": 2160  # 90 days
    }
)
data = hist.json()

Our server-side Order Book Imbalance signal generated a 1.8 Sharpe on HYPE over the last 90 days

Don't build the infrastructure. Just query the API and focus on your alpha.

Get API Key →

Other Order Book Imbalance Backtests

Other Indicators — Hyperliquid