kevinkdog 

I could guess at what might be going on, but to really know I'd have to see the code in cases like this. (I'm not asking to see it, to be clear.) The huge potential you see with IBOG is likely just tricks being played on the backtest engine. IN other words, not real.

Actually, I don't know why but the code was actually buy next bar at market, which I know now is a completely different scenario. Here is a simpler version of the code below anyways.

 

Code

FastMA = Average( FastPrice, FastLength ); MedMA = Average( MedPrice, MedLength ); SlowMA = Average( SlowPrice, SlowLength ); AveragesAlignedL = FastMA > MedMA and MedMA > SlowMA; if CurrentBar > 15 and AveragesAlignedL and CurrentContracts = 0 then Buy numcontracts contracts next bar at market;

I know next bar at market is completely different from this bar on close, especially if you're trading on volatility, but it would still be great to learn your reasoning for the difference with backtesting.

highlyimprobable 

Actually, I don't know why but the code was actually buy next bar at market, which I know now is a completely different scenario. Here is a simpler version of the code below anyways.   Code FastMA = Average( FastPrice, FastLength ); MedMA = Average( MedPrice, MedLength ); SlowMA = Average( SlowPrice, SlowLength ); AveragesAlignedL = FastMA > MedMA and MedMA > SlowMA; if CurrentBar > 15 and AveragesAlignedL and CurrentContracts = 0 then Buy numcontracts contracts next bar at market; I know next bar at market is completely different from this bar on close, especially if you're trading on volatility, but it would still be great to learn your reasoning for the difference with backtesting.

Without IBOG on, this code when backtested will match live results very well. Just don;t forget to include slippage in backtest.

kevinkdog 

Without IBOG on, this code when backtested will match live results very well. Just don;t forget to include slippage in backtest.

To be sure, you are saying that the 5 minute interval backtesting with the SMA with orders to buy next bar at market will match the live results? Or, the tick by tick?

highlyimprobable 

To be sure, you are saying that the 5 minute interval backtesting with the SMA with orders to buy next bar at market will match the live results? Or, the tick by tick?

The strategy you show (which is just an entry), with IBOG off, will show the same results as live with Look Inside Bar Backtesting off, or equal to 1 minute, or equal to 1 tick resolution.

But that could change depending on the exits you use...