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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (84632)	2/22/2024 9:53:00 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 98123

So I ran a few backtests of my algo on tradingview last night and I decided that I really don't like their backtest engine. First the summary. Typically 32% - 48% of the trades made money. The average was ~35%. The typical gain on the trades was 35% and the profit ratio varied between 1.3 - 1.9, typically ~1.6. Which is very high. As a result the gains were big. Drawdowns were ~5% to 9%. I can live with that. Having stoploss was a very bad idea. Having profit targets arguably improved the results. The most defining factor was the timeframe (not a surprise to me). But I don't trust their testing. They run weird things in the background and try to pyramid the trades. They also try to estimate what the fill price would have been. I don't want any of that. All I want is stats on trades if I bought at the price I tell them and reversed positions at the price I give them. I can program for the slippage and fill estimate on my own. Simple as my ask is, they can't do it out of the box and I have to write it myself :(