Strategy Tester FAQ

  • What is the price behavior explorer telling me?
    • The price behavior explorer allows you to visualize how your strategy’s trades would have behaved over a period of time. You can dive into the details of the Price Behavior Explorer here.
  • What does the tabular data mean?
    • The Tabular Data section is where we display some high-level metrics of your strategy’s performance. You can learn more about what the data metrics mean here.
  • What does “Trade by next” mean?
    • In order for your entry conditions to become true, those candles must close. “Trade by next” is where you determine where you enter on the FOLLOWING candle.
    • Example, OHLC4 = (Open+High+Low+Close)/4
  • How can I buy the open or sell the close?
    • You can achieve this goal by utilizing our Candle Time Indicator. You can view how to utilize the candle time indicator in scripting here.
  • How does the Strategy Tester work?
    • The Strategy Tester evaluates your strategy's conditions at the end of each selected period. If these conditions are met, it defaults to initiating a trade at the start of the next candle, though you can modify this setting. TrendSpider automatically assumes each trade involves buying or selling one share or contract and that sufficient funds are available for each trade. The platform currently does not allow backtesting strategies that involve either pyramiding or scaling in and out of trades. However, it's important to note that TrendSpider does not incorporate slippage into its backtest results.

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