NO, to the 1st or 2nd question?
Scalping_My Way with ACV
- Thread starter VSTscalper
- Start date
NO, to the 1st or 2nd question?
That doesn't make sense if the answer is "no" for both 1 & 2.
No for both would contradict each other.
This is very simple, OP, run the algo against IB paper, for a a day or even better on MNQ or MES micros against a live account if your financial status allows of course, and then run a backtest for same period.. AFTER you have showed the chart signal settings, and average trade from one of your science fiction backtests previously shared, so the same is used on the live forward test. Should take you about 10 min to setup, record the screen, this should clear all doubts including my own.
I believe that it would be impossible for you to replicate this outside of fantasy world.
(No need to reply with Google campus, Microsoft campus, that you dont autotrade, backtest not required, or that you only trade 1 hours per day, etc etc, or posting a random screenshot of some backtest including commissions, slippage etc, all this is irrelevant in regards to if you are able to replicate your fantasy backtests in live trading).
I believe that it would be impossible for you to replicate this outside of fantasy world.
(No need to reply with Google campus, Microsoft campus, that you dont autotrade, backtest not required, or that you only trade 1 hours per day, etc etc, or posting a random screenshot of some backtest including commissions, slippage etc, all this is irrelevant in regards to if you are able to replicate your fantasy backtests in live trading).
MNQ
500 Tick Range Bars
NO - Backtesting Required
10 Days
500 Tick Range Bars
NO - Backtesting Required
10 Days
Both charts are Scalping - from One to Ten Contracts per Bar. The Top Chart - with its Performance Report is based on using a Single Instrument (MNQ Only) and Multiple Data Series to calculate the Entries. The Bottom Chart - again - with its Performance Report - is based on Multiple Instruments (MNQ_MES_M2K(Russell)_MYM) and Multiple Data Series - to calculate the Entries.
The Algo - along with the Settings - is the same for both - and as shown - the number of trades per Bar - is different - and therefore - the results are different.
There is absolutely NO need for Backtesting - although it can be done if desired.
Please notice - on the Left side of both charts - it starts out with One Contract being traded and as the Profits increase - it adds more contracts. This particular setup - just for showing - is limited to a Maximum of 4 Contracts per Trade - but it may have Multiple Trades per Bar.
In this case - there were NO Losses - but the Algo WILL have Losses as it continues trading.
The Algo can Scalp or Trend trade - or do Scalp_Trend trade combinations.
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MES_MNQ_M2K_MYM
Each Instrument has different size - Tick Range Bars
NO - Backtesting Required or desired
10 Days
First trade starts with One Contract - then depending on Profit - it could scale up to Ten Contracts. If there are Losses - it may scale back down. It is all about the Size of the Account - and Margin.Each Instrument has different size - Tick Range Bars
NO - Backtesting Required or desired
10 Days
In this case - each Instrument has $750 to start - for the Micro. If the Account increases in size - the Algo may add another Contract to be traded - up to a Maximum of 10 Contracts. The limit is set to 10 - although the Algo can trade more - depending on the Account Size and what Limit we set. There are times when the Algo - will take more than one trade on a bar.
Also the Start and End times can be set. Say we want to trade for 2 hours Maximum - from the Market Open - we Set the Time for that period.
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NQ
250 Tick Range Bars
NO - Backtesting Required
10 Days
The following chart shows trades starting at One Contract - bottom left side - up to Ten Contracts - right side. If there are Losses - the Algo may Reduce the Number of Contracts traded.250 Tick Range Bars
NO - Backtesting Required
10 Days
This setup - may take up to 4 traded per Bar. There could be Winning and Losing trades - on the same Bar. Starting Capital is $7,500 - with a Margin per Contract of $4,000. The Margin doesn't really need to be $4,000 - with a Smaller Margin to Start - say $750 to $1,000 - there could be more Wins and Losses for the same time period.
The - Trading Time can be set to trade 24 hours per day or just the Time Period that a trader wants to trade. For instance - I trade the First 2 Hours when the Market Opens - so I can set the Trading Time - for those 2 hours. The Algo will only present trades for that 2 hour period.
While the following picture shows Scalp trades - the Algo can also Trend trade - or do Scalp_Trend Combination trades. With a Scalp_Trend setup - say a trader is trading 5 Contracts - take 4 Contracts off as a Scalp - then have a Runner.
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Hello VSTscalper,
Nice work, but you gotta becareful with that backtester man.
I was just developing an algo that showed me these awesome results in back test. I was excited and went live with it and loss.
I traded it live and lost money. Turns out the back tester was lying to me. I know how to make it show real results now and not lying to me.
Run your algo backtest live money, and then post the results because your results could be a lie or glitch in the back tester software and it is fooling you, liked it fool me.
The results are NOT Backtested - as I said at the Top - in Blue. I am sure I told you that - when I brought you in a room to watch. I do NOT trust Backtested results. I do agree with you.
By the way - what platform are you using now.