MT ATR Breakout - $GBPUSD Backtest and Realtime Simulation
Hi, I'm trying your strategies in different couples. MT ATR Breakout in backtest (see attached Strategy Settings and Performance report) on GBPUSD is great. I started the test in real time simulation mode. I hope that I can bring to the results of the backtest
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Here is a quick guide for assessing a system and the bar types - in backtest and in realtime
Establish a base setting for stop, breakven, trail and targets
Procure 2000+ days of data from somewhere like http://www.tickdata.com
1st step - Backtest and Optimise - identify your favourite settings on abacktest from sept 2015 backwards by 2000 days
>>>Must suit your capital, drawdown, risk appetite,...ans style.. high win ratio oor low win ratio versus risk reward for example...
2nd step: Run the setting on a chart to visualise the setting and backtest - doe sit make sense
3rd Step - Run the strategy on out of sample data - 2 weeks ago back 120 days
4th Step - Run the strategy on recent data 30 to 120 days - and run in realtime... watch it carefully to see if the Dataseries and strategy can in fact work in a similar way to how it is represented in the backtest/historical visualisation
if you are happy it looks similar - Watch the trading for 2weeks to 4 weeks atleast....
3 months or more is a good length of time to watch a strategy in realtime sim test and track it until you have enough experience and belief to consider it viable... Personally i have watched some strategies over years before live trading them...and i have found ways to trade them when they operate best... No system can work in all markets and conditions - so diversify or chose when to use it... according to your research on when it works best...
Trends/ Ranges/Time of day/day of week/week of month/ volume/ news days etc
You can use these tools to help track and decide which strategy and setting is working for you:
http://downloads.microtrends.co/tools/
MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/
Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums
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