Backtesting on daily bars on NT

Discussion in 'Automated Trading' started by sheepsucker, Apr 19, 2011.

  1. Hi,

    So, I am seeking advice on ET :) Or maybe some tips on the subject.

    Well, the issue I am having is that my automated strategies are built using daily bars.
    So when I am backtesting with NT and daily bars that gives me quite few trades over several years.
    In a sense few trades should in theory make the backtesting less reliable, but since its using daily bars... should give it more reliability.

    Anyone had a similar issue and found a good solution to it?
  2. Example of a system:
    Profit factor 10, DD 3750
    Makes 48k in 4 years.
    But problem is there are only 18 trades in 4 years.
    Been thinking about "validating" the system using other instruments to see that it is really a generally occurring price pattern.
  3. Get more data and test your system out of sample. This is a long only system and usually this type of systems are biased.
  4. Yes its true its long only. But the market moves differently up and down so I had to have different strategies for each direction.
  5. ronblack