Curious | Best BACKTESTED Results You Have Achieved

[Bingy]

Hey Guys,

I've been plugging away and experimenting, endlessly, to develop a comprehensive playbook of strategies. I've been back-testing it all this entire time. Including entries, exits, and stop losses, being very realistic with the approach. This includes both short and long positions.

Well tonight, I stopped to "smell the roses", after all the months of coding, error correcting, pattern recognition attempts etc. and it got me really thinking, "I wonder what other people on useThinkScript are achieving?" There are very few consistently "winning" strategies shared on here, as I'm sure a lot of people are safe guarding their "edge" in the markets.

It can feel slightly isolated being a retail trader trying to figure all this out and it's making me wonder about what others have going on?

What kind of results are you achieving?


Markets traded(stocks, options, futures):

Trading style(swing, scalp, etc.):

Win percentage:

How far back tested:

Position sizes during back testing:

P/L Results:

Are you actually trading these strategies?:



I can't wait to read the replies to this...

 

[MerryDay]

ToS Backtesting is helpful to fine-tune your entry-exit logic of your strategy. But is NOT a method for determining the success of a trader.
Such results are not valid under the ToS backtesting protocols.

"Official Backtesting" vendors are expensive. The methodology used is not available within the capabilities of the ToS backtesting algorithm.

• The single biggest determinant: whether a strategy's entry is long or short or none is determined by Bloomburg Terminal-type event-driven data feeds
• Dynamic inputs and settings are optimized based on conditions and timeframes
• Signals are aggregated utilizing multi-time chart analysis
• Results are compiled over very long periods of time.

----------------------------------------
A more accurate measure of success?
----------------------------------------
Successful forum members often gauge their achievements by their net gains.
Most of us that make our livelihood trading, are not successful because of any one strategy. It is our ability to read and interpret market sentiment and direction, fundamental news, economic data and announcements, geopolitical events, and investor sentiment in order to know when to hold 'em and know when to fold 'em.

Because it is not possible to access event data with the ThinkScript, it is not possible to create a ToS backtested strategy with the perfect buy arrow in the ToS app.

However, it is possible to stack the deck in your favor by incorporating the above backtesting vendor steps into your trading using the ToS app with the help of the forum:
https://usethinkscript.com/threads/best-time-frame-for-trading-for-thinkorswim.12209/#post-133757

 

[Ramisegal]

Hey Guys,

I've been plugging away and experimenting, endlessly, to develop a comprehensive playbook of strategies. I've been back-testing it all this entire time. Including entries, exits, and stop losses, being very realistic with the approach. This includes both short and long positions.

Well tonight, I stopped to "smell the roses", after all the months of coding, error correcting, pattern recognition attempts etc. and it got me really thinking, "I wonder what other people on useThinkScript are achieving?" There are very few consistently "winning" strategies shared on here, as I'm sure a lot of people are safe guarding their "edge" in the markets.

It can feel slightly isolated being a retail trader trying to figure all this out and it's making me wonder about what others have going on?

What kind of results are you achieving?


Markets traded(stocks, options, futures):

Trading style(swing, scalp, etc.):

Win percentage:

How far back tested:

Position sizes during back testing:

P/L Results:

Are you actually trading these strategies?:



I can't wait to read the replies to this...

i think most members have shared it on other posts...Thread 'Best Day Trading Strategy / Indicators For ThinkorSwim' https://usethinkscript.com/threads/best-day-trading-strategy-indicators-for-thinkorswim.2016/