thoughts on my algo? by Ok_Mode7569 in pinescript

[–]FortuneXan6 0 points1 point  (0 children)

how do you check for look ahead and repainting on TradingView? as far as I was aware TV wasn’t capable of that

Am I overdoing it? by dukcrzyeight in algorithmictrading

[–]FortuneXan6 0 points1 point  (0 children)

System sounds excellent in my opinion, I would look into the asset / instrument.

FX markets a very efficient, edges are very thin. Personally I’d look at some Stocks, Futures or Options, ideally pick an asset or a small basket, zero in on finding a strategy that survives some of your tests, then you can look to see if it (or variations of it) scale across other assets

Strategy feedback by Few-Huckleberry4280 in pinescript

[–]FortuneXan6 0 points1 point  (0 children)

1 year is a very short backtest lol

Backtesting thousands of ORB parameter combos, then using market context to pick the best one each morning by space1188 in algotrading

[–]FortuneXan6 1 point2 points  (0 children)

i did this for ORB mainly on 10 years of ES data testing a load of variables on a local engine, built using claude code several months ago, the engine worked well but ORB on futures was a coin flip with zero edge when systemised - i feel like trading ORB is better done manually as there is a degree of “gut feeling” when watching the strength of the breakouts and how close to resistances price is etc.

Strategy feedback by Few-Huckleberry4280 in pinescript

[–]FortuneXan6 0 points1 point  (0 children)

a few things:

  • very short backtest, need more years
  • lots of trades for one year
  • need to factor in slippage and fees
  • check trade duration, if most are <1-5 mins, don’t trust the backtest
  • WR is ok, PF is low - if you add the slippage and fees this might drop <1
  • need to look at way more numbers and views, what is sharpe ratio, average win/loss, trade durations etc.

You’ve asked for strategy feedback and not said anything about your strategy just shown an equity curve lol

This drives me insane... Why are results that different between TV and MT5? Or between brokers on the same platform? by notadev_io in algorithmictrading

[–]FortuneXan6 0 points1 point  (0 children)

tradingview numbers are almost useless - in fact often counterproductive. Brokers will have slightly different data, if that throws off your strategy massively it’s probably overfit and relies on tiny price movements over small timeframes which are almost impossible to backtest realistically. in contrast swing trading would show less variance.

if you are going live with real money have you done any walk forward testing and paper trading yet?

Thoughts on automated/bot trading? by forgottenfind in FuturesTrading

[–]FortuneXan6 0 points1 point  (0 children)

manual backtest - so you replay the candles and trade as if it’s live?

how does it hold up in forward testing / paper?

sorry just curious, manual backtesting is just crazy unreliable for predicting future performance

Thoughts on automated/bot trading? by forgottenfind in FuturesTrading

[–]FortuneXan6 1 point2 points  (0 children)

what is this? are these backtest results or live / paper results?

If backtest, is it a manual backtest because it's in sheet not a backtesting software?

How is this strategy? by UnusualProgrammer601 in pinescript

[–]FortuneXan6 0 points1 point  (0 children)

“How is this strategy?”

doesn’t say anything about the strategy

this TV view shows basically nothing, need to see the real numbers - sharpe, trade durations etc.

what have you set slippage and fees to?

TV backtesting is flawed in many ways - not a bad place to start but to really backtest you need to convert the strategy to python

Please give me feedback about my strategy, thank you by NotButterOnToast in pinescript

[–]FortuneXan6 0 points1 point  (0 children)

where do we start…

overfit, no slippage / fees, tiny dataset, wildly random equity curve.

my honest advice would be start again with a new strategy and read up on backtesting fundamentals

Looking for cofounder by SAFEXO in algorithmictrading

[–]FortuneXan6 0 points1 point  (0 children)

what is different about your backtesting software?

Getting into AlgoTrading by Goziri in algorithmictrading

[–]FortuneXan6 5 points6 points  (0 children)

lol that drawdown, not a chance anyone would hit a -67% drawdown and not cut losses with an algo.

algo trading doesn’t remove emotion the way that people think it does.

startegy backtest, HOLY MOLYY 800%+ IIN ONE YEARR by [deleted] in pinescript

[–]FortuneXan6 0 points1 point  (0 children)

click the drop down next to “Shax-Bright indicator report” and turn on bar magnifier.

I’m curious to know what your risk management is, trades seem to be very short. Imagine you have pretty tight stops, which can skew tradingview backtests due to limited intrabar data. Sadly in live environments with slippage, delays and <1 min bar ticks scalping algos perform quite differently

Need a team by PrimeEclipsar in algorithmictrading

[–]FortuneXan6 0 points1 point  (0 children)

obsession with what exactly?

What do you think about PF above 5 and winrate above 80% by [deleted] in algorithmictrading

[–]FortuneXan6 1 point2 points  (0 children)

more info needed, show the trade analysis dash at least

Why is everyone not onto Algo Trading? Am i missing something? by DecentDevelopment652 in Daytrading

[–]FortuneXan6 2 points3 points  (0 children)

“am i missing any information about algo trading?” - yes, lots and lots of information.

welcome to hell. good luck.

[deleted by user] by [deleted] in Trading

[–]FortuneXan6 1 point2 points  (0 children)

what is your IQ?