The DCA Backtest script was designed to backtest the performance of any indicator using DCA bots.
"Open Deal ASAP" Deal Start Condition:
This script offers "open deal ASAP" deal start condition which will continuously open new deals. IT will wait for the current deal to close before opening a new one.
"Script" Deal Start Condition:
If you select the "Script" deal start condition we provide Bollinger Bands as an example. You can tweak the BB parameters from the indicator settings menu.
"Indicator" Deal Start Condition:
The third option is "Indicator". For this option to work out you must have an indicator that plots a "unique value" that can be recognised as a BUY signal.
We recommend that your indicator plots 1 when it should buy and 0 when there's no signal.
Once you have in the same chart your indicator and your DCA backtest it's time to hook them up. For that follow these steps:
1) select "Indicator" as deal start condition
2) select your indicator from the list as "deal start source"
3) If you are following our recommendation then use 1 as "deal start value" so it can tell the DCA backtest when to open a deal. Make sure that your indicator only plots 0 or 1 so the DCA backtest can distinguish the BUY signal appropriately.
Each time you make changes and save your external indicator while you are backtesting, you will have to hook up the indicator again with the DCA backtest in the settings.
To avoid this, add as many parameters as you need to change in the external indicator so in that way you won't need to save changes to it and therefore will manage to avoid having to hook up the indicator with the DCA backtest.
- all parameters are now grouped by area in the settings window
- results now show max days in deal including if there's a on going open deal
- 3C simulator: 3 BB and 3 RSI indicators added, multi-timeframe
- Adding tooltips to make settings more easy to understand
- Improved layout of settings
- Support for external indicator to close a deal by sending a separated value than the deal start value
- Solved bug: dealstop condition was mistakenly applying in "3c simulation" mode
- Added QFL to 3C simulator
- Added CCI to 3C simulator
- Added MFI to 3C simulator
- Added ULT to 3C simulator
- Performance improvement. Indicators are now only calculated when they are active.
- Settings layout improvements
- Settings extra tooltips added to help with usability
- Fixes issue with DCA cloud chart still showing an SO when max SO number was set to 0
- removing NaN errors appearing in the results table when there are no deals
- results table shows number of deals closed and drawdown
- All strats now support bearish entries: CCI, MFI, RSI, BB, QFL
- TP % can now be set as low as 0.01
- Solved some issues with calculations of drawdowns for max drawdown and for a current open deal drawdown.
- QFL strategy includes a toggle to require the lower base to be below the upper base to be able to trigger a signal
- Resolves an issue caused.by having too many SOs
The changes TV made might cause further issues. We reported the issue to TV and waiting for their feedback as well.
- Ultimate oscillator bug fix: first two were not working properly
I tested this solution on IFTRSI external indicator and managed to stop getting the error, if the same error occurs please report it on our discord server DCA-backtest channel.
This should be quite useful as 3C actually DOES support mixing their built-in indicators with an API signal, which is exactly what this mode represents.
The DCA bot will only open the trade if there's a BUG signal and all the 3C simulator conditions enabled are valid at the same time.
An example of a cool use could be to only take BUYs from the external signal when TV is BUY on the daily and hourly and RSI daily is below 80.
If you enable this mode you have to connect a backtestable compatible signal (for example one that only prints ones and twos, for buys and sells) and you MUST enable at least one of the 3C simulator deal start conditions. If you don't enable any, the simulator won't open any deal. Remember this behaves as an AND operator, all enabled conditions + the BUY signal itself must be true to open a deal.
The intention is to mimic how exactly how 3C behaves when using this approach.
2) Now the results table renders in green when there's a deal open in profit. If the deal is open and it's at a loss it still renders it in red.
- Now the backtests calculates the SL% relative to the base order just like 3C does. Before we were using relative to the average position price.
- If you use SL we plot the SL level in grey. Before it was not possible to know where is the SL located in the chart.
- More accurate deal start conditions for MFI, CCI and BB
- Added support for RSI14, MACD, PSAR
- Heikin Ashi
Two issues resolved:
1) Total days in results table shows duration from Start Date until Current Time. If End Date is set on a historic date it doesn't reflect in Total days.
2) When current deal is in profit but not closed = show green background in table.
- Support for timeout. After the specified timeout in bars the deal will close. Use zero to disable this option.
- Fixed issue where summary was shown in red in the results even though it did close all deals in profit.
- Timeout bug: solve issue with the timeout settings that was counting from each individual DSC event rather than from the time the deal actually opens.
fee's added as a DCA setting (DCA calculation bug, should be synced with commission)
added Plot deal stop condition
Updated results table:
Title row: Updated name + color to top row and moved token to right, more compact
Left column: aligned text right, renamed names
Rearranged order of info to make more sense (to me at least...)
Max SO count fixed for edge case (display only)
condensed large values: if > 0 skip decimals, if < 0 use decimals
Moved deals completed to new row (from Status)
Combined related values into 1 row instead of 2
If short mode: shows Initial USD required to run (otherwise hidden)
If no deal yet: show "no deals yet" in status row instead of "all deals closed (0)"
if no deal yet: show "-" on relevant values instead of "0"
if no deal yet: background color grey instead of red
Shorts and long profits are currently calculated in QUOTE currency.
- added SMA 50 crossing 200
- minor text changes in settings
- disabled legacy table
- moved visual settings to bottom
- added new Bar Magnifier ON as default
- updated Stop Loss to be instant (don't wait for bar close confirmation)
- added Stop Loss Timeout
- added table position selector
Both for long and short strategies.
Use TTP = 0 to disable it
Avoid values above the TP% to keep results reasonable, ideally TTP% <= 10% TP
Added stop loss counter
Bar magnifier set to OFF by default
Added BO below mintick protection.
Added suggestion of BO volume if it's set too low.
Added warning if DSC timeframe is below charts.
Fixed Volume in BTC integer/float issue.
Fixed BTC pairs in Volume in BTC.
Changed Min/Max price to float instead of int.
Right below the section of DCA settings you will find the ORC settings.
You can select the ORC signal you want to use and whether you want to trade during an uptrend or downtrend.
Please notice we will only support orchestrator signals that toggle between states: buy/sell.
We have removed support for 3 separated ULT deal start conditions to stay below the maximum number of securities TradingView allows us to use.
Updated Warnings & Error messages
Fixed SO counting for TTP%, SL Timeout & Timeout
Fixed SL Timeout bug
Leverage now also changes value in profits in USDT
We will add all the PRO features to this version.
Introducing stats! see how the deal duration distributes in percentiles to understand when it's best to place your timeout settings.
SL Counter edge case bug fixed
TTP% in Bot Settings-table now shows correct number
Average duration now counts currently open deal for both Bars in deal and Days in deal
Added chart timeframe in table
This means that now you can decide instead of simulating to only stop the bot to also simulate closing the deal.
Stay tuned for details on how to use them!
- We renamed "max drop" to "max deal drawdown" to better represent the actual value shown
- VIP new feature: Run Up and Drawdown statistics (find it in VIP statistics, at the bottom of the settings form)
Run up and Drawdown can help you see how high or how low an asset can go during the backtest period so you can decide better the best placing of safety orders, stop losses and/or take profits.
Run first the strategy relaxing the SL and TP levels to allow the asset to move freely, then observer the stats and adjust them later accordingly based on their distribution across the percentiles.
- add a signal that can be used as ORC. This must print one value for START and one for STOP bot.
- external source select the signal you want to use as an ORC
- select which value you want to use for START bot
- select which value you want to use for STOP bot (or close deals at market price for VIP version)
Example code of an external ORC signal
The ORC script below will only start the bot when RSI is above 50.
indicator("RSI ORC", overlay=false)
rsi = ta.rsi(close, 14)
plot(rsi > 50 ? 3 :4, "RSI ORC")
- Updates the end date to be 2024
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