How to Backtest a Trading Strategy on Tradingview

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  • Опубликовано: 24 ноя 2024

Комментарии • 421

  • @TradingLabOfficial
    @TradingLabOfficial  3 года назад +196

    Wall street analysts recommend scrolling back up and investing into the like button under this video, huge upside potential!!

    • @Alex-lp6bg
      @Alex-lp6bg 3 года назад +10

      You earned a subscription with this video alone. Please make a more advanced one next!

    • @thorcook
      @thorcook 2 года назад

      APY % or ROI?
      JK, Keep'm coming! Like! 👍👍

    • @morallybiased1772
      @morallybiased1772 Год назад

      You give it ( the markets) your unique approach along with mentorship. Great mentorship. Be careful when choosing.

    • @benquik
      @benquik Год назад

      This video is what i wanted like dude you are so fun to watch i absolutely love your videos! It would be amazing to see more educational videos because your voice and the videos you make work in symphony and make it addicting to watch❤

    • @dreamlifekoreadila
      @dreamlifekoreadila Год назад +1

      1:56

  • @CMonteclaire
    @CMonteclaire 9 месяцев назад +29

    Yes, this initial back testing video is a fantastic entry into the world of writing and testing strategies, I would love to see a follow up video with more. Thanks for sharing this!

  • @McKnightCutkosky
    @McKnightCutkosky Месяц назад +208

    I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

    • @adelineChulack
      @adelineChulack Месяц назад +1

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @GeorgeWilliamSinclair
      @GeorgeWilliamSinclair Месяц назад

      The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.

    • @RosadorcasSladeWiggins
      @RosadorcasSladeWiggins Месяц назад

      Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @GeorgeWilliamSinclair
      @GeorgeWilliamSinclair Месяц назад

      Her name is Dianne Sarah Olson by name. please do your own research to see if she is suitable with your goals.

    • @iuordanmatkov261
      @iuordanmatkov261 Месяц назад

      just looked her up and she seems really impressive giving her resume. thanks for this intel

  • @albinvarghese3733
    @albinvarghese3733 8 месяцев назад +8

    You're great at explaining stuff in a really easy way, and this video is awesome.

  • @Chris7Lawrence
    @Chris7Lawrence Месяц назад

    As a first timer looking at back testing, this video is brilliant. Very clear and encouraging to give it a go.

  • @MisterCkris
    @MisterCkris 2 года назад +20

    Another more in depth tutorial would be AWESOME. Seriously, who is going to say “no please don’t teach me how to make wise trading decisions”?

  • @sachinshanbhag4081
    @sachinshanbhag4081 4 месяца назад +3

    You are one of the best tutors I have ever learned with. Your content delivery is spot on and very beginner friendly. Love each of your videos. Please keep ‘em coming.

  • @mayacho4910
    @mayacho4910 Год назад +119

    This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

    • @theresagarcia1218
      @theresagarcia1218 Год назад +5

      Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

    • @danielkey1463
      @danielkey1463 Год назад +1

      Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from 'BRIDGET MARY TUROW" who's a guru in the game, you can be passively involved with the aid of a professional.

    • @mariahhayes5089
      @mariahhayes5089 Год назад

      It took me 3 years to stop trying to predict what's about to happen in the market based on charts studying because you never know. Please, i need the help of your Investment advisor.

    • @danielkey1463
      @danielkey1463 Год назад

      @@mariahhayes5089'BRIDGET MARY TUROW".

    • @danielkey1463
      @danielkey1463 Год назад

      @@mariahhayes5089Look up with her name online.

  • @jacksonroman1621
    @jacksonroman1621 Год назад +83

    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.

  • @nathanz9296
    @nathanz9296 3 года назад +60

    Thank you for showing this as I always wondered how this was done but did not have the time to learn it. Definitely want a more extensive back testing part 2 video

    • @LalzJeNeSuis
      @LalzJeNeSuis Год назад

      Is there more of these kinds of videos ? People that have no coding knowledge like me would love to know more, with other indicators, or a more complicated version of this one ; thanks !

    • @1MoneyMike1
      @1MoneyMike1 Год назад

      Hi there, I am a new trader and I was looking for someone like yourself who trades and wouldn't mind working together, to assist each other in achieving our trading adjectives, goals to accomplish.
      I looking forward to hearing from you..

  • @haroldhong8645
    @haroldhong8645 2 года назад +3

    I've been using TV for sometime now, i didn't realize it can backstest!... tnx to this tut.

  • @KrishMod520
    @KrishMod520 2 года назад

    The moving average strategy is by far the easiest and a very profitable strategy

  • @undefined7463
    @undefined7463 Год назад +1

    Thanks for making this video. This just freed up a lot of time for me and is now shifted when I can practice and not waste any more money on paper trading. Now I can actually use the paper trading as a final practice run before I start live trading. Thank you.

  • @Internationalfastfood
    @Internationalfastfood Год назад +1

    OMG this reminds me so much of javascript so excited to use this

  • @blackcurrantpop
    @blackcurrantpop 11 месяцев назад +1

    This is very excellent information!!! Thank you!!! Now I understand what backtesting is.

  • @patrickanderson4680
    @patrickanderson4680 7 месяцев назад +3

    Great job....problem is im sure most people have no clue on how to use pine editor ect.
    So here is the question.
    How would you create a backtest editor for using the SSL Hybrid in conjunction with the next pivot
    strategies:)))))
    CANT WAIT:))))
    Thank you in advance.

  • @yaaryany
    @yaaryany 2 года назад +1

    Thanks a lot! Please do second backtesting video too!

  • @crappycroc8869
    @crappycroc8869 3 года назад +2

    I really appreciate the way u make your videos bruh keep it up

  • @Dixie_Normuss
    @Dixie_Normuss 2 года назад +3

    Thank you. Would like the more advanced one please

  • @cryptoninja3501
    @cryptoninja3501 2 года назад +5

    I wish they would make it simpler for the people who don't know coding. Awesome video! Would love to see more

    • @retromech1869
      @retromech1869 Год назад

      The work around for people who don't want to take time to learn code is the user interface.

  • @ketanvora8994
    @ketanvora8994 5 месяцев назад +1

    Thanks for this video, it's awesome, I enjoyed it. I would love to see more in-depth video on back testing.

  • @ravenzero8460
    @ravenzero8460 Год назад

    Bruh this is Amazing. Can You backtest a Friday Gold Rush Strategy next please??
    3 Years Duration
    Entry: Every Thursday 21:00 XAU USD long (Time zone in Berlin (GMT+2) = 21:00)
    SL 100 Points
    TakeProfit/Take Out every Friday 15:20 (Time zone in Berlin (GMT+2) = 15:20)
    Would love this

  • @JohnnyPope
    @JohnnyPope Год назад +3

    Def want more - this was an excellent entry point, very well explained!

  • @TheSamarthKirloskar
    @TheSamarthKirloskar 3 года назад +4

    Please make part 2! Would really appreciate it!

    • @TradingLabOfficial
      @TradingLabOfficial  3 года назад +2

      Glad you enjoyed the video. Will definitely make a part 2 in the future!

  • @alijan1397
    @alijan1397 2 года назад +1

    That’s what exactly I was looking for bro thanks

  • @raulcubila5877
    @raulcubila5877 Год назад

    Dude that was banger. I am a Developer and a non profitable trader😅… please make the video for a more complex bot!!

  • @sandipmane3082
    @sandipmane3082 3 года назад +2

    This is amazing. I could make my own strategy and checked if it's working on past data, It worked very well. I am going to try with live trades here after. Hope it works well.

  • @mr_jj_junior3440
    @mr_jj_junior3440 Год назад

    I'm definitely adding this program to my portfolio

  • @laxmikantpradhan3827
    @laxmikantpradhan3827 2 года назад

    Please make the second part of it. I can't wait.

  • @ChinaecheremCynthia-e5e
    @ChinaecheremCynthia-e5e 25 дней назад

    Ah swr this community is my favorite ❤❤

  • @MusicMan121
    @MusicMan121 2 года назад +3

    More videos on this would be great, this one was really useful

  • @Ben-zq6hg
    @Ben-zq6hg 3 года назад +1

    Very good video on backtesting

  • @omgtc
    @omgtc 2 года назад

    would love a more in-depth vid maybe incorporating your Heikin ashi strategy from your other vids. Thanks!

  • @anmayo917
    @anmayo917 2 года назад +21

    This was very helpful
    Can we expect an in-depth follow up with maybe more examples? That would be awesome 💛

    • @1MoneyMike1
      @1MoneyMike1 Год назад

      Hi there, I am a new trader and I was looking for someone like yourself who trades and wouldn't mind working together, to assist each other in achieving our trading adjectives, goals to accomplish.
      I looking forward to hearing from you..

  • @FrancescoStrappini
    @FrancescoStrappini 3 года назад +3

    Thanks, very interested in part 2!!!

  • @olatundeakarigbo4580
    @olatundeakarigbo4580 2 года назад

    I never knew how this was done on Tradingview until I watched this video. Can we have the next one?

  • @Grind_or_Die
    @Grind_or_Die 3 года назад +1

    Subscribed, followed ig and liked this video because the content was amazing. keep it up and make sure to make the second video for sure for sure brother

  • @iggymonterrubio1385
    @iggymonterrubio1385 2 месяца назад

    Appreciate your advice man. Awesome stuff

  • @pdm-vz8uq
    @pdm-vz8uq 2 года назад +10

    Really well explained, for someone like me who has never coded anything, I can follow. Would definitely like to learn more, things such as adding a stop loss, profit targets and using an exit indicator would be great.

    • @henriettatheophilus3808
      @henriettatheophilus3808 2 года назад +1

      Mentioned

    • @1MoneyMike1
      @1MoneyMike1 Год назад

      Hi there, I am a new trader and I was looking for someone like yourself who trades and wouldn't mind working together, to assist each other in achieving our trading adjectives, goals to accomplish.
      I looking forward to hearing from you..

  • @yvindeikeland6404
    @yvindeikeland6404 Год назад

    Verry good tutorial about pinescript, more videos like this please

  • @tsioryfitiavanaanhykrishna6992
    @tsioryfitiavanaanhykrishna6992 2 года назад

    Need more of theses videos plz!

  • @kapclark9889
    @kapclark9889 Год назад

    nice video, the only video that is easy to understand on how to backtest a simple EMA crossover strategy. What should I put in the close strategy if i want to close it at a certain pip level?

    • @kevin.licenji
      @kevin.licenji Год назад +1

      you should use "profit" in the "strategy.exit" string. Setting 50 for example means 50 ticks. Pay attention because usually pairs have 5 decimals, so 50 means only 5 pips

  • @JMBM8822
    @JMBM8822 2 года назад

    Wow... this is amazing. I would like.backtesting using divergence. Could you please do a video on that.

  • @BenjaminOdomero
    @BenjaminOdomero 7 месяцев назад

    It's a very useful video ❤.pls if you can do a step by step guide on back test, I really appreciate.😚🥰

  • @CL-fn7xj
    @CL-fn7xj 2 года назад

    Thanks , I always want to find a RUclipsr that explains how to back test , I find a lot but not explain well 😢
    , But you explain it really well , for example the coding part . I Subscribe you already , thanks 🙏🏻👍👍👍👍👍

  • @maximw.5663
    @maximw.5663 Месяц назад

    Wow this was really helpgul to get me started thanks alot

  • @emmm70
    @emmm70 2 года назад

    yes yes yes... more videos about backtesting please... 🙂

  • @MohamedAhmed-fv4gw
    @MohamedAhmed-fv4gw 2 года назад

    Please give us more videos like this.. 🙏🙏🙏

  • @joec00
    @joec00 3 года назад +2

    Great video!

  • @jayholiday4023
    @jayholiday4023 2 года назад +3

    Was easy to follow for a newb appreciate your time I’d like to see more. I am trying to figure out how to back test ideas I have. Enjoyed this!!

    • @1MoneyMike1
      @1MoneyMike1 Год назад

      Hi there, I am a new trader and I was looking for someone like yourself who trades and wouldn't mind working together, to assist each other in achieving our trading adjectives, goals to accomplish.
      I looking forward to hearing from you..

  • @vassiliscapsis9932
    @vassiliscapsis9932 2 года назад

    Thank you for preparing this video. I have been trying other ways to backtest and it is a nightmare.

  • @rcsmith1158
    @rcsmith1158 Год назад

    Yes please, more in depth coding.

  • @saneejahamed8184
    @saneejahamed8184 2 года назад

    found something what i am looking for - thanks a lot

  • @philipwinn7171
    @philipwinn7171 2 года назад

    thank you for your directions super informative. Coding scares me but i want to learn. Cheers

  • @profitclubofficial
    @profitclubofficial 2 года назад

    thankyou so much for sharing this... its really helps me so much for backtesting any strategy and shorten my time for learning anything about trading... once again thankyou so much.. 🙏

  • @memy4460
    @memy4460 2 месяца назад

    Please do a follow up vid!!!! Thank you.

  • @charging99
    @charging99 3 года назад +2

    Love to see more like adding an indicator

  • @jimmcneal5292
    @jimmcneal5292 Год назад

    Thank you very much for the video! I would love to see more advanced guide.
    Also shows how much worse those simple strategies are compared to just buy and hold(10% profit vs 64%)

  • @chikung
    @chikung Год назад +1

    This is all I needed. Thank you so much!!

  • @zohaibali3584
    @zohaibali3584 Год назад

    YOU VOICE IS SO SATISFYING😇

  • @NeilBradleyMS
    @NeilBradleyMS 2 года назад +4

    This is absolutely brilliant! Thank you for going through this.. I've actually been writing software for 30 years (retired now through ill health) but I love coding. I knew about Pine Script but just haven't gotten around to looking into it just yet. Your video has just inspired me! I've been slowly going through most of your videos and really enjoying them, learning a lot. Cheers!

    • @paulduggan2
      @paulduggan2 2 года назад +1

      I’m polar opposite to you… I have ZERO coding experience, but even I’m feeling inspired by this video 😊
      I imagine that with 30yrs of coding under your belt you’ll be able to get Pine script to make you a coffee in the morning as well as backtesting a wicked strategy 😆
      Best wishes, hope you’re okay 👍🏻

    • @NeilBradleyMS
      @NeilBradleyMS 2 года назад +1

      @@paulduggan2 Hello Paul, how nice to receive a message from you. Yes this truly is a great video, but not only that .. Trading Lab continues to release QUALITY content.
      I've watched a lot of trading videos, and I MEAN a lot, but I can tell you this guy is one of the best. I'm guessing you too are on your trading journey, I wish you luck with it and all the very best. 🙏

  • @dralkhaja1309
    @dralkhaja1309 Год назад +2

    I like the way you elaborate backtesting 😊 it’s short and reaching the target 🎯 thank you very much 🙏🏻

  • @svmkr
    @svmkr 6 месяцев назад

    Hey thanks a lot, I am really for this now. It helps me to trust my strategy. Thanks a lot.

  • @traderhoussam7423
    @traderhoussam7423 Год назад

    Thanks bro, keep doing what you do!!

    • @kevin.licenji
      @kevin.licenji Год назад

      Hey man, would like to try a software that can backtest your strategy in thousands of different settings to find the best parameters, timeframes, and assets to use it? I am giving away first trials for free

  • @codyfield6859
    @codyfield6859 3 года назад +7

    Amazing tutorial videos with tons of valuable information to a newbie trader like myself. Thank you for making these videos! Would love to see more in depth!

    • @TradingLabOfficial
      @TradingLabOfficial  3 года назад

      Thanks for the kind words. Glad I could help!

    • @1MoneyMike1
      @1MoneyMike1 Год назад

      Hi there, I am a new trader and I was looking for someone like yourself who trades and wouldn't mind working together, to assist each other in achieving our trading adjectives, goals to accomplish.
      I looking forward to hearing from you..

  • @amx607ii5
    @amx607ii5 Месяц назад

    Wow so simple and so easy to understand amazing video 👌🏽

  • @tomchambers9787
    @tomchambers9787 2 года назад +2

    That was soooo smooth slick and to the point... I definitely want to see some more indepth backtesting.. and anything else you have time to do for us... Thank you so very much.

    • @1MoneyMike1
      @1MoneyMike1 Год назад

      Hi there, I am a new trader and I was looking for someone like yourself who trades and wouldn't mind working together, to assist each other in achieving our trading adjectives, goals to accomplish.
      I looking forward to hearing from you..

  • @davidc6732
    @davidc6732 Год назад

    great video more video's like this would be great

  • @retromech1869
    @retromech1869 Год назад

    Perfect this is exactly what I was looking for, I haven't written script since the dawn of the internet. Definitely going to be spending time studying Tradingview's API

    • @kevin.licenji
      @kevin.licenji Год назад

      Hey RetroMech, If you need any help I have been coding in python for 2 years now, and I use an automation bot that backtests my strategies in thousands of different scenarios without me doing anything. If you want to try it hit me up

  • @thernathavengattaraman1305
    @thernathavengattaraman1305 Месяц назад

    Dear Sir,
    Can you start a special tutorial for the beginners with steps to indentify the indicators and functionality in trading view. TQ

  • @byronfaison2604
    @byronfaison2604 2 года назад

    Man that was a nice video very easy to understand. I got to learn Pine Script to backtest. Please make another video if you haven't

  • @ishanchandra3724
    @ishanchandra3724 2 года назад

    Thank you friend for this helpful video 👍

  • @prettylilly7565
    @prettylilly7565 Год назад

    Incredible...thank you for sharing.

  • @SvennoCammitis
    @SvennoCammitis 2 года назад

    This is soooo coool; please do more!! How can I like 10 times??

  • @gamerharmeet
    @gamerharmeet Год назад

    I wish I could give this a thousand likes.
    Looking forward to advanced videos with complex real time strategies

    • @1MoneyMike1
      @1MoneyMike1 Год назад

      Hi there, I am a new trader and I was looking for someone like yourself who trades and wouldn't mind working together, to assist each other in achieving our trading adjectives, goals to accomplish.
      I looking forward to hearing from you..

  • @scott_drummer
    @scott_drummer 2 года назад

    Would love to see more

  • @amitdutta5667
    @amitdutta5667 2 года назад

    Your videos are just awesome...love from India

  • @ahmedseddiq9236
    @ahmedseddiq9236 Год назад

    Good job. Powerful video. Thanks

  • @norvinmenezes1545
    @norvinmenezes1545 2 года назад

    Would love an advanced video!!

  • @showme13100
    @showme13100 Год назад

    Short and concise..kudos for your efforts

    • @kevin.licenji
      @kevin.licenji Год назад

      Hey man, would like to try a software that can backtest your strategy in thousands of different settings to find the best parameters, timeframes, and assets to use it? I am giving away first trials for free

  • @terrymorin1306
    @terrymorin1306 2 года назад

    Advanced video would be sick

  • @MikeyDavis
    @MikeyDavis 2 года назад

    I want to see part 2 of this!

  • @OrphanRed
    @OrphanRed Год назад

    On your Performance Summary page, you can see that your net profit was just under eleven percent, whereas the buy and hold return was 64 percent. That means this trading strategy made you 10 800 on your initial investment of 100 000, but if you had just bought at your first buy-signal and held to the end of your last trade, you would have made 64 000. So, effectively, by trading, you lost out on 55 000 dollars.

    • @kevin.licenji
      @kevin.licenji Год назад +1

      In fact the strategy shown is not good

    • @kevin.licenji
      @kevin.licenji Год назад

      I use a software to find the right strategy parameters that return the best one. I'm giving away first trials for free if you want to try it.

  • @shinsuo9943
    @shinsuo9943 3 года назад +1

    This is great bro! Thanks for introducing me to this

  • @eljaa2000
    @eljaa2000 9 месяцев назад

    Thank you for this useful video.

  • @BabyEnginee0
    @BabyEnginee0 Год назад

    You are a great teacher sir ❤🎉

  • @madimakes
    @madimakes 2 года назад

    Ok this is not what I was looking for, but just what I needed. 👍

  • @6xTajadas
    @6xTajadas Год назад

    Amaizing video, do the more advanced one!

  • @schoebelski6602
    @schoebelski6602 2 года назад

    wowsers! thank you for putting my attention on this. awesome. 👍

  • @KoraEwin
    @KoraEwin 2 месяца назад

    Great video as always! 👍 I have a quick question: 🤷‍♂️ I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Can someone explain what this is? 😅

  • @maureenbennett809
    @maureenbennett809 Год назад

    Great content!😃

  • @adrianfoo8987
    @adrianfoo8987 2 года назад

    thank you so much for the short and concise explanation!

  • @chinaprise
    @chinaprise 2 года назад

    great video... thanks for sharing

  • @arkynsky4462
    @arkynsky4462 3 года назад +2

    Yo awesome video man! Appreciate u using the sp500 for the example🤝 is it possible to backtest the heikin ashi with stochastic indicator?

  • @marlitodinglasa9714
    @marlitodinglasa9714 2 года назад

    2nd video please!! Thanks man

  • @76biggdogg
    @76biggdogg 2 года назад

    Great job on this!

  • @ftaylor613
    @ftaylor613 2 года назад

    Awsome demonstration. Would love to see more. This is the meat of it all! Much love!

  • @birdie12888
    @birdie12888 Год назад

    More complex backtesting script would be very much anticipated and appreciated.

  • @richardbalding1101
    @richardbalding1101 2 года назад

    This was awesome I want to see more of these.

  • @dushyantlavania2913
    @dushyantlavania2913 Год назад

    Thanks for this amazing video, would love if you could back test more complex strategies.