Meme Hunter · Lesson 1 of 7 · 4:20
How to backtest Solana memecoin strategies for free
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Meme Hunter records every new Solana token that launches on pump.fun for its first thirty minutes: the price, the holders and every trade. The Sim replays a trading rule over all of those recordings at once, as paper trades, so you can see how the rule would have done before you risk any SOL.
This first lesson picks a ready-made strategy, Meme Hunter v2-beta, and reads everything the Sim shows about it: the rule written out in plain English, each headline number from win rate to max drawdown, the trades table column by column, and a single trade opened on its chart with the buy and the sell marked on the candles.
It ends on the caveat that matters most. A replay is kinder than live trading, so the Sim is for comparing rules, not for predicting profit.
In this video
- 0:00Meme Hunter records every new pump.fun token
- 0:21What the Sim does
- 0:45Pick a ready-made strategy
- 0:58Read the rule in plain English
- 1:27Ask the AI guide to explain the rule
- 1:47Change the time window (6h, 24h, 3d, 7d)
- 2:00Every number: win rate, net, profit factor, drawdown
- 2:57The trades table, column by column
- 3:37Sort trades and open one on its chart
- 3:59Why a replay is not a promise
Transcript
The narration, word for word. Tap a time to play from there.
0:00Meme Hunter records every new pump.fun token
Lesson one. Meet the Sim, and learn to read everything it shows you. This is Meme Hunter. On the left, new Solana memecoins appear the moment they launch on pump.fun. The board records every one of them for thirty minutes: its price, its holders, and every trade.
0:21What the Sim does
The Sim is built on those recordings. You pick a trading rule, and it replays that rule over every recorded token, so you can see how it would have done, before you risk any SOL. The page has three parts. At the top, the rule and what it does. In the middle, its numbers. And below, three tabs: Trades, Compare, and Edit rule.
0:45Pick a ready-made strategy
Open the rule menu. Your own settings are at the top. Your saved strategies will come next, once you have some. And below, ready-made strategies from the board. Let's pick Meme Hunter v2-beta.
0:58Read the rule in plain English
This sentence is the whole rule, in plain English. First, which tokens it buys: tokens at least forty-five seconds old, with at least fifteen holders, where no single wallet holds more than thirty percent, and a few more checks. Then when it buys: it waits four seconds. And how it sells: a ten percent trailing stop, that only sells in profit, a stop loss at minus twenty-five percent, and a one-hour time limit.
1:27Ask the AI guide to explain the rule
Not sure what it all means? Click the question mark at the end of the sentence, and ask the AI guide to explain the rule. It tells the rule as a story: what it buys, when, and how it sells, and how far to trust its numbers. You can ask it in any language.
1:47Change the time window (6h, 24h, 3d, 7d)
Close it. Scored over sets how far back the numbers look: six hours, a day, three days, or a week. A longer window is a fairer test. Let's read the last full day.
2:00Every number: win rate, net, profit factor, drawdown
Now the numbers. Trades is how many paper trades have closed. Win rate is the share of them that made money. Net is the profit or loss in SOL, after costs. Staked is all the SOL put in, and return is net divided by staked. Per trade is the average result of one trade. Profit factor is money won, divided by money lost: above one, the wins outweighed the losses. Max drawdown is the deepest fall from a high: how bad a losing streak got. Average hold is how long a trade lasted. Ceiling is what every trade would have made, sold at its very best moment. No rule can reach it; it shows what the market offered. Open trades are still running, and aren't counted yet. And the last line counts how many recorded tokens ever reached fifty, one hundred, or two hundred percent, whatever the rule did with them.
2:57The trades table, column by column
Below is the Trades tab: every paper trade this rule made, newest first. Exit says how it ended: by the trail, the stop, the time limit, or open, if it's still running. Result is the percent it made, the best it ever showed, and the SOL. Then the market cap in, and out. At detection is a snapshot of the token when it was first seen: holders, the top ten share, the dev, snipers, bundles, insiders, and the trades so far. Worst is the deepest it fell after the buy. And perfect exit is what selling at the very top would have made.
3:37Sort trades and open one on its chart
Click a column's header to sort by it. Let's put the best results first. Now click any trade, and that token's chart opens, with the Sim's buy and sell marked right on the candles. Sim buy is where the rule got in, and sim sell is where it got out. Press Sim at the top to go back.
3:59Why a replay is not a promise
One last thing. The Sim replays the past, and it's kinder than real trading: real trades have done several points a trade worse. Use it to compare rules, not to predict profit. Next, we'll copy this rule, and make it our own.
Frequently asked questions
- What does the Meme Hunter Sim replay?
- Every token Meme Hunter recorded: new pump.fun launches, each tracked for thirty minutes from the moment it was detected. A rule is replayed over all of them at once as paper trades, so no SOL is spent.
- What is profit factor?
- Money won divided by money lost. Above one, the winning trades outweighed the losing ones over the window you are reading.
- What does the ceiling number mean?
- What every trade would have made if it had been sold at its very best moment. No rule can reach it; it shows what the market offered.
- Are Sim results a forecast?
- No. The Sim replays the past and is kinder than real trading: real trades have done several points a trade worse. Use it to compare rules, not to predict profit.