Backtesting random entry

[pkmurphys]

Hi all, I'm looking to experiment with various reward:risk ratios and I'd like to backtest using 100 trade random entry samples.

What would be the easiest way to tell NT I want to take 100 trades on this instrument over a particular time frame?

[NinjaTrader_RyanM1]

Hi pkmurphys,

To test various risk reward ratios is a good task for the optimizer. You can structure your risk /reward values as inputs to be used in targets/stop losses, and then the optimizer runs many backtests against the range of inputs you tell it to run on.

If you want to randomize 100 entries, you could work with C# random function:

http://msdn.microsoft.com/en-us/library/system.random.aspx

Maybe using Random CurrentBar value as a trigger for entry.

[pkmurphys]

hi ryan,

is there a way to get Strategy Wizard to take 100 random trades? i don't have any programming experience

[NinjaTrader_RyanM1]

To take advantage of that random function would require working with code. With the strategy wizard, you'll have to define the conditions for entry using the condition builder, so they can't be random in the same sense. You could make basic conditions like Open[0] == Close[0] or crossovers just to get some entries made.

[pkmurphys]

yup, generating some crossovers and running them through the optimizer is pretty close to what i'm after, thanks for the suggestions.