ENA Ratio Snapback vs ETH is an official Trigr strategy by 0x7216…0007. It trades ENA on the 4H timeframe, long and short. Version 1 was published on 2026-10-09.
Watches the ENA-to-ETH price ratio on four-hour bars and fades a statistically stretched dislocation: it buys ENA when it has fallen unusually far behind a rising ETH, and sells ENA short when it has run unusually far ahead of a falling ETH. Positions close as soon as the ratio returns to its recent average, with a time limit and a protective stop.
Backtest of the published version on the Trigr engine over point-in-time market data, from 2024-04-02 to 2026-10-09: net return +44.4%, Sharpe 0.68, max drawdown −16.9%, win rate 43%, 81 trades.
Costs. Trading fees and a builder fee of 1 bps per side are included. Slippage: not applied. Funding: not applied.
Forward paper track from 2026-10-09 to 2026-10-09 (0 days). Paper fills are simulated on live market prices; this is not a funded account.
Past performance, backtested or paper, does not guarantee future results. Nothing here is investment advice.
