[STRATEGY][RS]The Illusion Strategy V0

WARNING: this strategy does not work!!
one of the fallacy's of backtesting, renko chars signals usually will give signals when price is allready out of range.
Comment: for reference this is what happens:
Remove from Favorite Scripts Add to Favorite Scripts
strategy(title='[STRATEGY][RS]The Illusion Strategy V0', shorttitle='S', overlay=true, pyramiding=3, initial_capital=100000)
trade_size = 10000

buy_entry = close > open
sel_entry = close < open

strategy.entry('buy', long=strategy.long, qty=trade_size, comment='buy', when=buy_entry)
strategy.entry('sell', long=strategy.short, qty=trade_size, comment='sell', when=sel_entry)
for reference this is what happens:
+1 Reply
RIcardo this post needs to be permanently stickied to the top of the backtesting section. There are a lot of errors showing up in some of the strats people are testing (curve fitting, and using future data being the big two Im seeing). Great work from you as always
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out