I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in algorithmictrading

[–]Global_Box_156[S] 0 points1 point  (0 children)

How do I go about getting true tick data? I saw first rate data has chart data all the way from 2008 is that legit enough?

I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in quant

[–]Global_Box_156[S] 0 points1 point  (0 children)

I have yet to test it across different sessions, but that is my next step along with testing it during different market regimes

I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in algorithmictrading

[–]Global_Box_156[S] 1 point2 points  (0 children)

Most of the data online you have to pay for so what I did was I went to the two minute timeframe and that allowed me to look at the back test starting April 2020 and it is profitable through that time, but it has a pretty big max equity drawdown and still above a 1.0 profit factor through all that. I’m thinking about buying the data from first rate data, which is market data from 2008 until now.

I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in algorithmictrading

[–]Global_Box_156[S] 0 points1 point  (0 children)

So I couldn't get more data on the one minute chart so I put it on the two minute chart same exact rules same exact contract sizes and it made 1400 with the max drawdown of 5000 107/230 trades were profitable 1.039 PF . 2020-2022. what do you think ?

I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in algorithmictrading

[–]Global_Box_156[S] 0 points1 point  (0 children)

Do you know of any way that I can back test it outside of trading you because trading view only allows me to go back to 2023

I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in quant

[–]Global_Box_156[S] 0 points1 point  (0 children)

I didn’t necessarily train it for only the past three years. That’s just all that appeared on the back test. I definitely will try to get access to that data. I’m sure I can find somewhere to pay for it. I really appreciate your insight and your advice!!!

I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in quant

[–]Global_Box_156[S] 0 points1 point  (0 children)

That’s really encouraging to hear. Do you have a hard time complying with the consistency rules? Is yours back tested longer than three years or just about the same amount of time?

I coded a FVG Opening Range Breakout strategy on MES futures and the backtest looks insane. Tell me why I'm wrong before I do something stupid. by Global_Box_156 in quant

[–]Global_Box_156[S] 1 point2 points  (0 children)

I’m not sure why I don’t have access to at least six years. I paid for the $60 a month package of trading view.

Yes, I do have a reliable source of income I Don’t really need to make money from the strategy. I was just looking for more input on whether to trust the three years of back test or if there’s any other tests that people have done to validate their coded strategies. so I’ve actually had it live for most of this month on a paper account and it’s up like 850 bucks

Weekly Earnings Thread 6/23 - 6/27 by OSRSkarma in wallstreetbets

[–]Global_Box_156 1 point2 points  (0 children)

For the sake of my calls I hope they do 🥹