BID and ASK based Backtest of a 1-min FOREX strategy does not calculate correctly. Although the BID price did not reach the entry limit of the SELL order, MultiCharts nevertheless indicates a SELL short entry as shown in the screenshot:
The backtest is configured to use separate BID (Data2) and ASK (Data1) data as shown in the screenshot:
Is there a detailed step-by-step guide on how to configure a BID and ASK based backtest?
How can I avoid the BID data being ignored?
Bid&Ask based Backtest: Bid data is ignored
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Polly MultiCharts
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Re: Bid&Ask based Backtest: Bid data is ignored
Hello TraderJ,
The behavior is not reproduced on our end.
Could you join the live chat Monday-Friday from 6:00 AM till 12:00 AM ET to demonstrate it via remote connection?
The behavior is not reproduced on our end.
Could you join the live chat Monday-Friday from 6:00 AM till 12:00 AM ET to demonstrate it via remote connection?
Re: Bid&Ask based Backtest: Bid data is ignored
Hi Polly, can you please share a working example of the bid&ask based backtest? It would be great if that was a FOREX example for Interactive Brokers.The behavior is not reproduced on our end.
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Polly MultiCharts
- Posts: 202
- Joined: 20 Jul 2022
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Re: Bid&Ask based Backtest: Bid data is ignored
TraderJ,
We have tested the issue with the pre-built signals on Forex data, and the issue has not been reproduced.
So please come to our live chat MON-FRI from 6:00 AM till 12:00 AM EST to demonstrate this behavior remotely.
Live Chat is accessible from our web site.
We have tested the issue with the pre-built signals on Forex data, and the issue has not been reproduced.
So please come to our live chat MON-FRI from 6:00 AM till 12:00 AM EST to demonstrate this behavior remotely.
Live Chat is accessible from our web site.
Re: Bid&Ask based Backtest: Bid data is ignored
Hi Polly, do you have a workspace for download, a video demonstration, or a wiki page describing your procedure so that I can reproduce it on my end?We have tested the issue with the pre-built signals on Forex data, and the issue has not been reproduced.
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Polly MultiCharts
- Posts: 202
- Joined: 20 Jul 2022
- Has thanked: 1 time
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Re: Bid&Ask based Backtest: Bid data is ignored
TraderJ,
Please make sure you have followed this instruction to perform Precise Backtesting.
We have used the pre-built Channel Breakout signals on the AUD/CAD data for testing.
Please check the screenshot attached for reference.
Please make sure you have followed this instruction to perform Precise Backtesting.
We have used the pre-built Channel Breakout signals on the AUD/CAD data for testing.
Please check the screenshot attached for reference.
- Attachments
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- ChannelBreakoutTest.png
- (83.97 KiB) Not downloaded yet
Re: Bid&Ask based Backtest: Bid data is ignored
Hi Polly, do you have an example of a BID and ASK based strategy which uses LIMIT orders?
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Polly MultiCharts
- Posts: 202
- Joined: 20 Jul 2022
- Has thanked: 1 time
- Been thanked: 56 times
Re: Bid&Ask based Backtest: Bid data is ignored
TraderJ,
You might try adjusting the pre-built Custom Strategies (LE, LX, SE, SX), so that they use limit orders or come to our live chat MON-FRI from 6:00 AM till 12:00 PM EST, so that we could check the issue remotely.
Live Chat is accessible from our web site.
You might try adjusting the pre-built Custom Strategies (LE, LX, SE, SX), so that they use limit orders or come to our live chat MON-FRI from 6:00 AM till 12:00 PM EST, so that we could check the issue remotely.
Live Chat is accessible from our web site.
Re: Bid&Ask based Backtest: Bid data is ignored
Hi Polly, thank you for your advice. I have re-created my workspace from scratch and now BID and ASK data is applied as expected. Thank you for your help.