Need someone to backtest something.

I've produced a strategy,
Backtested against Daily HOLC,
With Excel and the results are good.
However I need to test with intraday data.
Because it assumes a SL at the open,
If we cross it intraday,
I'll get stoped out.

This is not taken into account with HOLC.

That's an easy strategy, really.
Would need 6E and minute or tick data.

I've tried to do it myself but ...
The data has hole .. Plus other technical problems.
For exemple, some day are not 24h one.
So it adds a bit of complexity.

Or if someone has advice,
Or simply the data =P
Do it yourself !

Thanks.

PS: So easy that I am surprised by the results.
It's however 50/50 but 2:1 ratio in average.
Thanks to the Stop Loss XD

 

Oh Yeah ... The strategy,
Didn't want to tell in there.
But let's do it.

If we break yesterday high (00001 above), buy 1 contract 6E.
Put a SL at the open. Exit the position for settlement.
Reverse for sell orders.

Thanks !

 

It's possible u found something viable...but not when considered within the context. You are competing against traders who have the backtesting capability u speak of. What are the odds those who have this capability will succeed? What are the odds u will succeed?

 

Thanks for the description. IMO it's a fade, like most logical ideas, but not strong enough to be a viable fade.

 

Don't know.
Just want someone to backtest it.
It'd be a base for me. Not the system.
I trade order flow so I can add my touch.
And as a base it doesn't look ugly.
But I need confirmation.

 

I found that to be bullish when we break yesterday high and reversely bearish when we break yesterday low looks like a good idea. If you can buy or sell near the open after the event you have 2/3 of chance to end the day in the money. Only 1/2 if you buy the break out. But as I said, it's from my daily tests. The payoff is good, but I guess the probability is actually farther against us.

 

If we break above yesterday H sit on your hands. When price drops to the open and the daily bar turns red, buy. Do u see the difference?

Consider it confirmed, as already stated, your original idea is a fade...at both ends, ...and now u know which end is the stronger fade ...tho is it a strong enough fade? U will have to investigate that and build further strength into it's logic but all aspects of logic should be intuitive in the sense they must have viable reasoning for why they should work.

In the case of your flawed strategy, the new strategy essentially buys the open, on a day when it's already guaranteed 100% ...today is a day that traded above yesterday HOD.

 

Can you recap his strat with more details ?
I don't quite understand this: "Exit the position for settlement."
Exit when ? Exit where ?
So the entry is a break above the previous day's high or the previous day's low ?

 

hey troll, don't post to me.

 

Lol. Buy the open.
I backtested. It sucks.
Thanks for your precious advices.
Now if you can't do nothing for me,
Please, go away bother someone else.

Today I'd have made lot of money.
So it doesn't refute my flawed strategy.
Especially that we retest the open after the event.