Taibo's algo is interesting as a starting point. It's not one that that you just take off the shelf and start trading with. But, you can take it and learn from it and develop an alternative strategy. Presumably one with less risk!

How would the algo do in 2008? It's trivial for you to check it yourself. Click the "clone algo" button, change the time range of the test, and click "Run Backtest." Question answered!

Disaster. I'm only in Nov and at -200% return, 88% drawdown. Ouch.

Edit: spoke too soon: -453% vs -45.3% bench in nov.