Hi Is there anyone here still trading equity/ETF pairs on an intraday basis? Searched some of the older threads found a few members who used to trade this way and claim to be successful. I just made an excel sheet backtesting using 1-min and 5-min bars and the results were really bad. Double checked with spread charts all the entry and exit signals checks out so its not a problem with the sheet. Another question is what kind spread do you use? I know for swing pairs plotting (price A / price B) works fine but some people seems to use (price A - price B) as well. I even used my sheet to test some of the pairs that other intraday pair traders used (i.e. IWM-SPY, along with some stock pairs) but it still shows a net loss. Would really appreciate any experienced traders to point to me a direction or give some advice. I am willing to share my backtesting results and methods so we can cross-check what's wrong with my strategy. Thank you in advance for any help.