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In the Tuesday files, when I add filters on IBL, on ‘No gap’ and on IB position at 9:30 inside prior day HiLo range, the best results are for a long trade (1007 pts, 81 win/41 loss, SL50 10:30-15:30) (the best short trade gave 233 pts).
When I add a filter (excluding the extreme values) on prior day Hi/Lo the same long trade still looks good, so:
DAX Long trade
Entry 10:30 @ 15271
Exit 15:30 @ 15221
SL 50 pts
Result -50 pts
Historical results with this setup:
913 pts (54 win/24 loss)
Let's see
Edit 13:28: Terrible German ZEW economic sentiment numbers, large move down. Tomorrow another day
Even though I had done many checks before starting this journal, this week I found an error in the files. I haven’t checked the full impact, but this error effected the historical results
I would be very curious to see how the trades in this journal would have been without these errors (could be better or worse, but for sure not the same). I didn’t understand why the statistics (my files) showed good results, while the trades in this journal didn’t.
As a financial controller, I am sorry and disappointed not finding this discrepancy before starting the journal. As a trader, I have good hopes for future trades. Always look on the bright side of live
Tomorrow I will finalize the new files, there are some other changes too.
I will be back on Thursday, otherwise Friday. Hopefully starting to bring some profits that we can all benefit from; that's my goal.
You are not the only one. I have made tons of mistakes and continue make small errors here and there. Hope you get those data fixed in your file and find more accurate results to base your trades on. Thanks!
Yes, I have exported 30 minute bar data (OHLC + volume) from NT8 (data from Kinetic) and am using Excel to analyse it (using a pivot table).
I'm still working on it, but I will share the Excel file(s) with you in the next days, so you can have a look if you're interested.
Thanks for your post, good to see fellow Amsterdam/Dutch traders.
A few months ago I run exactly one backtest in NT8, just for the purpose to compare the results with the results I had in Excel. That confirmed to me that my files were correct, or better said, that 1 file was correct... I looked for it, but I can't find it anymore. I want to(/will) run more backtests in NT8, but I'm not a programmer. I understand the logic, but am limited in what I can program in NT8. Once I get to the backtesting, I will post the results here.
Have you considered starting a journal here with your strategie(s)?
Ah ok, I'm curious to see your journal, I started following it now. Will look at it later.
(For this journal) I'm only looking at 30 minute bars, so I used minute data for the backtest. I use Excel because (compared to NT8) it's fast and it gives a full report for a variation of variables, see for example this snapshot. In NT8, I will need to run the backtest for each SL / entry time / exit time, and then manually enter the results in Excel to keep track of the backtest results. Maybe there is a function in NT8 for this that I am not aware of.
At this point, I want first to see in Excel which settings seem to be good/best, and then run the backtest(s) in NT8.
PS I'm in the April journal competition and would like to invite you (and anybody) to click on the THANKS button on (all? ) posts made in April.
) posts made in April.