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Incorrect results with Strategy Analyzer on NinjaTrader
I backtest a strategy with Strategy Analyzer on NinjaTrader. I have unexpected results to be true.
Example: In a month I get $ 1.523 796.00 !!! for the period 1 May 2015 to 29 May 2015 (1 month).
So I look at the details of the trades and I see that the results are wrong.
Example: - 3 Long (3 x 50000) on USDJPY with entry and exit 119.78 to 119.82. Normally, the real result is 4 pips only. The backtest result gives me a gain of 3 x $ 1997.00 !!!.
Attached 2 copies screen results (summary and detail).
How to interpret these results?. Where is the error.
Also, if you are testing with any variation of Renko bars, this would help explain it as well. They backtest enormously well but don't yield the same results in live testing due to the way NT models historical market price action with Renko bars. Backtests with Renko bars just aren't reliable at all.
xplorer
London UK
Site Moderator
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,990 since Sep 2015
Thanks Given: 15,526
Thanks Received: 15,487
I noticed that too, that's why I asked whether they're futures. 50,000 contracts with 4 ticks profit would not give 1,997 USD as profit.
Hello everyone. Sorry I was not clear. Let me explain :
- the simulation concerns the Forex (USDJPY)
- Each entry has a quantity of 150 000, with three targets of 50,000 each.
- on a buying position, I had an entry at 119.78 and an exit at 119.82 (4 pips).
- The simulator gives me a gain of $ 1,997.00 !!!.
Why ?.
xplorer
London UK
Site Moderator
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,990 since Sep 2015
Thanks Given: 15,526
Thanks Received: 15,487
Hi bruno - sorry I can't help you - never traded spot Forex so I don't know what a pip equates to. I'm sure others are able to pitch in though.