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Back testing


vit007

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I was back testing my Bloodhound program on a replay, same program just different Entry Order options and was surprise to see such a huge difference . Same program with limit order minus -1 tick +$1320 for a week , 0 ticks +$980 and Market order +$180.Picture below

Later I did tested on a replay for the lust 5 weeks and always Market orders were the worse performer . Yes I did miss some good runaway moves but end results was much better. I guess with limit -1 tick my 10 tick stop was going 2-3 tick deeper than market order . Also before some strong move price tend to move back and force before strong move in one direction . When I trade manually I mostly use Markets , big mistake .

So I hope it will help you guys on a back testing and real trading .

 

http://i67.tinypic.com/30tnjx0.jpg

Edited by vit007
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