Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- The NexusFi team
(If you already have an account, login at the top of the page)
Hi, does anyone have suggestions on how to make the back test results as reliable as possible when using limit orders? What settings are the most appropriate on platforms like MultiCharts or TradeStation? I already added $30 as slippage (Gold futures), let me know, thank you.
Can you help answer these questions from other members on NexusFi?
This seems to work:
If vGoLong Then Buy("SIG-Long") vNumContracts Contracts Next Bar At Close Limit;
Rationale: For day trading, the close of the current bar should be equivalent to the open of the next bar.
Remember: to keep the backtesting as reliable as possible avoid using SetStopLoss, SetProfitTarget, etc.
Also, do not use IOG (IntrabarOrderGeneration).
Hi, what about the "Backtesting assumptions" settings on MC14? Also, there are many different opinions on IOG, can you elaborate on why it shouldn't be used?
Thank you.
