Kagi question

[shadowfax]

Hi

I have a question regarding Kagi behaviour. I understand the limitations of Kagi and Renko charts vis-a-vis backtesting and real-time giving different results/behaviour. The main limitation stems from the fact that the backtest has no knowledge of wicks and therefore price movement that may take you out of a trade on stop order. In addition, if entering the market on buy/sell stop or limit order, the backtest results will not be the same as real life where price movement may trigger an order which would otherwise show as a non-trade in historical backtest.

Therefore the question I have is this: if I were to use a simple SAR system such as SampleMACrossOver strategy provided with NT where entries are market orders or a Kagi chart. Is it safe to assume that the behaviour would be similar to what a backtest would be (understanding fully the difference in market dynamics about fill and so forth between real time and backtest)? I just want to make sure that the signals that come up in backtest will be identical to what might show up in real time. I am not worried about stops as this would be a stop and reverse.

Any input/feedback would be appreciated - especially from Kagi users/experts.

Thanks.

[NinjaTrader_Bertrand]

shadowfax, that's correct the backtest would not have access to the intrabar formations - to see the difference between backtesting and semi realtime trading please run your Kagi strategy on Market Replay, this will give you a very close impression of what to expect trading your signals generated live.

http://www.ninjatrader.com/support/helpGuides/nt7/market_replay.htm

[shadowfax]

Thanks Bertrand. BTW - is there a way to download more than 1 day of replay data at a time?

[NinjaTrader_Bertrand]

Thanks Bertrand. BTW - is there a way to download more than 1 day of replay data at a time?

You're welcome - unfortunately you can only download one day of Market Replay data at a time - an enhancement suggestion is already added for expanding this functionality though.