New Trade Strategy

[Mins]

Quote from paysense:

That's truly phenomenal Mins!

OVER $225,000 in 1.4 weeks. it looks like your backetested strarting capital was quite small too.

Is this possible?

Ga

Lol i kind of messed up on the number of contracts traded at one time. It was over 50 contracts at a time lol Sorry told you i was new at this.

I will get snap of actual profits based on trading 3-5 contracts at a time.

 

[Mins]

Based on 5 contracts at a time.

 

[Mins]

Quote from lrm:

Well, from what I can tell this equity curve says that you turned $2,500 into more than $200,000 in 7 days.

I don't want to sound like a naysayer, but something smells fishy here. One of the most common problems in back testing are a class of errors known as postdictive errors. These are subtle logic errors in which you use a future event to determine what to do in the present.

For example:

if price(bar+1) > price(bar)
buy at market

That is an obvious postdictive error. It checks if the next bar is higher than the current bar, and if so it buys at the current market, i.e. the current bar's price.

Good luck!

Louis

Hmmm, maybe that why im trying to find out if this is truely possible. Will keep trying it to see if their are some errors.

Thank you for your advice

 

[sandygray66]

I use Tradestation to program strategies. TS Easy Language is simple to learn. Once you have the strategy programmed, it's easy to have TS auto-trade it for you all on one platform.

TS has 6+ months of available tick data, and several years of minute-based data. So you can do a fair amount of backtesting.

The one caveat with backtesting in TS (in addition to all the other over-optimization risks) is that if using limit orders for entry and/or exit, TS assumes when the price for a limit order is touched, the order is filled, which of course is often not the case in real trading on the e-minis.