Backtestig Day Trading systems

[linzvb]

Hi,

I want ask you how can I test my day trading strategies?
This is for my most important if I have script where is:
if (Close[0] > Open[0] + 20) then buy
that strategy analyser wan't open new position by next open bar but will it open by the current bar.It is possible?
Thanks.

VB

[NinjaTrader_JoshP]

Unfortunately that is the nature of backtesting. Because you already know the Close of the bar you wish to trade at you cannot possibly trade at that bar. The next available time to trade after you determine to enter is the next bar. There is no way around this issue.

[linzvb]

Thanks!
I'm understand.

[vlsachta]

I know, that is probably late, however, it could help if you on previous bar close do an action: EnterLongStop(DefaultQuantity, Close[0]+20*TickSize,"")

[linzvb]

Thank you very much for your help!I made all combinations (close(1)close(0)open(0)open(1) etc..)but isn´t working.I want go to position on the bar where are the conditions true.Not next bar.An example if I have daily trading strategy and I want entry and exit at the same day then for today I haven´t idea how can I make it..?And this is the problem what I have.How test daily models?If you have some ideas I will be very hapy when you can help me.

VB

[NinjaTrader_JoshP]

VB,

This is the nature of backtesting. You cannot trade on the signal bar simply because that bar has already closed. You have the Close price of the bar and all your calculations are based on that close price, but since you already have the close you cannot trade on that bar.

[vlsachta]

You can entry in the same bar in the case you will use EnterLongStop() method, however if you are not experienced programer it will bring you problems with order handling rules.

Hi,

I want ask you how can I test my day trading strategies?
This is for my most important if I have script where is:
if (Close[0] > Open[0] + 20) then buy
that strategy analyser wan't open new position by next open bar but will it open by the current bar.It is possible?
Thanks.

VB

[daraj]

Hello,

Here are some simple and profitable strategies to test for those who are interested:

- [REDACTED]

- [REDACTED]

- [REDACTED]

- [REDACTED]

- [REDACTED]

[NinjaTrader_Emily]

Hello daraj,

Thank you for your post.

We appreciate your willingness to chime in and contribute to the support forum, although promotional 3rd party links are not allowed on our forum. I have removed the links from your post.

Thank you for your understanding.