Should I be using Market Replay data to **manually backtest**??

Hi there,

First, I do all my backtesting manually (since I do not know how to program).

Second, I have limited historical data from vendors, so this has resorted to me using Ninjatrader Market Replay data.

My methodology is simply to look at the data displayed from the Market Replay feed, and record all trades in excel "manually" (obviously based on a rule-set dictated by the model)

My question is : Is this a safe and accurate method?

I am aware that Replay data is not entirely the same as Historical Data?

My model is based on stochastic divergence.

Thank You for your opinion/advice.

@Handle123 @Redneck

@Max E. Pad @lajax @Gamer @wrbtrader

 

So long as you have 3,000 sample size would have an idea of what to expect during sim.

 

Yes, but I was referring specifically to the reliability of the Market Replay data?

 

Considering you are testing patterns, whether the data is reliable or not won't matter in my thoughts, if you trying to see what shows greatest profits, then possible. When you do sim, you should do on live data.