# HODL — Buy & Hold Benchmark

A simple buy-and-hold strategy that enters a position at the start and never exits.
Used as a benchmark: any active strategy should outperform this on a risk-adjusted basis.

## Versions

| Version | File    | Notes                        |
|---------|---------|------------------------------|
| v1      | v1.json | Initial implementation       |

## Logic

**Entry**: Buy immediately when flat (first candle).
**Exit**: Never.

## Indicators

None.

## Data requirements

- Any instrument and interval.
- Daily candles (`1d`) are standard.

## Known limitations

This is intentionally a do-nothing strategy. Its primary use is to establish a
baseline return that active strategies must beat on a risk-adjusted basis. It
should not be used for live trading.
