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Hello everyone, I'm fairly new to system development and although I've read some excellent posts on this board regarding system evaluation I don't feel I can "really" tell what is a tradeable or not-tradeable system. I have backtested a simple system in NT and was wondering if I could get your opinion on how good the system looks to you before I start testing it on a large amount of intraday data.
Here is some additional information on my system:
- Trades the eMini ES
- I backtested using 1 contract
- Trend Trading system, based on price action only, no indicators
- Intraday trades only, no overnight holding
So far I've tested it over the last 3 months but have over 5 years of intraday available (thanks to this board and the VIP section -- strong recommend it, great content there).
I'm pasting some screenshot with some of the key system results. Your comments are appreciated and thanks in advance for your time.
Can you help answer these questions from other members on NexusFi?
And here's the same system backtested with data from 01/01/2009 to 11/16/2009. Although it had a large single loss I'm not surprised by it.. happy to see the Profit/Factor and Avg Win/Loss in line with previous results.
Tomorrow will post live simulator trading results.
It looks good, but the live simulator trading results will show you the truth .
But the Sharpe ratio, on your the longest backtest, is not so great; so wait & see how it works in live, after few weeks.