Strategy Backtest Kit
Strategy Backtest Kit. You have just to define your own entry / exit setups. The strategy I have coded into this is : BUY when MACD > 0 / SELL when MACD < 0. Always in position.
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study(title = "Strategy Backtest Kit", overlay = false) /// PROGRAMMED BY JBI FOR TRADINGVIEW percentual = input(true, title = "Percentual Income") testlen = input(100, title = "Test Length") show = input(true, title = "Show W/L ratio?") // DEFINE ENTRY TO LONG POSITION entryUP = ema(close, 12) > ema(close, 26) // DEFINE ENTRY TO SHORT POSITION entryDOWN = not entryUP // DEFINE EXIT FROM LONG POSITION exitUP = entryDOWN // DEFINE EXIT FROM SHORT POSITION exitDOWN = entryUP ///// Do not change this entry1 = entryUP and not entryUP[1] ? 1 : 0 entry2 = entryDOWN and not entryDOWN[1] ? 1 : 0 exit1 = exitUP ? 1 : 0 exit2 = exitDOWN ? 1 : 0 up = entry1 ? close : exit1 and up[1] != -111 ? -111 : up[1] down = entry2 ? close : exit2 and down[1] != -111 ? -111 : down[1] output1 = exit1 and up[1] != -111 and percentual ? ((close - up[1]) / up[1]) : exit1 and up[1] != -111 and not percentual ? (close - up[1]) : 0 output2 = exit2 and down[1] != -111 and percentual ? ((down[1] - close) / down[1]) : exit2 and down[1] != -111 and not percentual ? (down[1] - close) : 0 otpt = output1 + output2 wlr = otpt != 0 and otpt > 0 ? 1 : 0 output = sum((otpt), testlen) entries = sum((entry1 + entry2), testlen) wlrf = sum((wlr), testlen) ///// Do not change this wlrfinal = show ? wlrf / entries : na plot(wlrfinal, title = "Percent of winning trades") plot(output, title = "Brutto Income")