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Economy => Trading Discussion => Topic started by: kcryptoinvest on October 20, 2021, 04:22:53 AM



Title: Result from Backtesting in TradingView
Post by: kcryptoinvest on October 20, 2021, 04:22:53 AM
Hello guys
I'm trying to figure out how the TradingView works and have a question regarding the backtesting.
Imagine I want to test a strategy with the actions that were already happened. I go for example 1 year in the past and start to test my strategy. During testing, I'm using the tool: "Long position" and "Short position" from the left sidebar. After approx 50-100 trades I want to check the result of my trading from these 2 tools: Long and Short positions. Does TradingView save this data somewhere automatically or I should check the results manually?


Title: Re: Result from Backtesting in TradingView
Post by: Ararbermas on October 20, 2021, 09:21:16 AM
Back testing is an easy way to figure out if your strategies will give you a good win rate or not after all.. if you're in trading view go to the date where you want to back test your strategy and then place your best indicators or trend line on the graph, whatever it is which for you a good technique for trading.. Just test it if you see a good results then its good, of course you must know how those tools works so that you can assure that the strategy you want to back test is 100 percent accurate and there's always a good win rate..


Title: Re: Result from Backtesting in TradingView
Post by: Zilon on October 20, 2021, 11:10:42 AM
Back testing is done manually but it's more easier if you have a large screen that would display the price action. Because with larger screen you see more data as compared to smaller screens. There is no where on the chat where you would see past events you just have to flip backwards while you confirm how many occasions your strategy occurred on in the market and how often it obeyed based on your analysis


Title: Re: Result from Backtesting in TradingView
Post by: Wind_FURY on October 20, 2021, 01:45:56 PM
OP, you really want to learn? Read and learn from Tradingview’s pine script manual, and there are many resources in YouTube that guide you in how to make simple scripts and the basics for back testing. 8)


Title: Re: Result from Backtesting in TradingView
Post by: kcryptoinvest on October 21, 2021, 12:48:22 AM
Thank you everyone for the responses but I was asking a different thing.
I'm using this tool in backtesting
Using it 100 times for example. How can I at the end check the total result of my testing (these 100 times Long / Short position tools)
https://postimg.cc/YGF6Dcrz


Title: Re: Result from Backtesting in TradingView
Post by: Bitcoin_Arena on October 22, 2021, 01:04:18 AM
Thank you everyone for the responses but I was asking a different thing.
I'm using this tool in backtesting
Using it 100 times for example. How can I at the end check the total result of my testing (these 100 times Long / Short position tools)
https://postimg.cc/YGF6Dcrz
Since you did it manually, it means even reading the results will be done manually. Tradingview won't save the results.

If you have some knowledge about pine script language, or you can even learn it. You can actually code and automate your strategy and then backtest it using the strategy tester which is available on trading view. You will be able to automatically see the results.

There are also some open-source strategies already available in the trading view public library. You can get one which is closest to your strategy, modify it and the back test it.

This is how the strategy tester will show the results of your strategy;

https://i.imgur.com/aSZBmoG.png

https://i.imgur.com/UYF2IOv.png

https://i.imgur.com/D6InM8g.png


Title: Re: Result from Backtesting in TradingView
Post by: kcryptoinvest on October 23, 2021, 01:17:04 AM
Quote
Since you did it manually, it means even reading the results will be done manually. Tradingview won't save the results.

If you have some knowledge about pine script language, or you can even learn it. You can actually code and automate your strategy and then backtest it using the strategy tester which is available on trading view. You will be able to automatically see the results.

There are also some open-source strategies already available in the trading view public library. You can get one which is closest to your strategy, modify it and the back test it.

This is how the strategy tester will show the results of your strategy;

Very interesting. Thank you for your detailed response.
I will try to code something then


Title: Re: Result from Backtesting in TradingView
Post by: Victorycoin on October 23, 2021, 05:21:32 AM
Backtesting is one of the key elements in creating your own charting and trading strategy this is done by reorganizing past businesses with a system based on tra historical information the of backtesting can give you a general idea of ​​whether an investment strategy is effective. Also before you go any further in the market, if you want to backtest your own strategies stormgain future is a great place to do it reasonable levels can guarantee that a trading system is profitable.