OPEN-SOURCE SCRIPT
Backtester Utility
Look ahead bias is the most evil bias responsible for overestimation of the performance of the trading system.
As the Bar replay feature is only available to paid users which is a great tool for manual testing of the trading system. Leaving other users prone to the evil of Look ahead bias.
So that I have developed this indicator which will help users to manually backtest the strategies.
This indicator hides the price action after specified date and time.
Here are the steps for using the indicator.
1) Hide your chart manually.
2) Plot the indicator.
3) Change the input of time and date after which you want to hide price action.
4) Change the script according to your trading strategy.
5) Enjoy the free of cost manual backtesting.
Good trading buddies !
Note : This post is only for educational purpose , it does not contain any financial advise.
As the Bar replay feature is only available to paid users which is a great tool for manual testing of the trading system. Leaving other users prone to the evil of Look ahead bias.
So that I have developed this indicator which will help users to manually backtest the strategies.
This indicator hides the price action after specified date and time.
Here are the steps for using the indicator.
1) Hide your chart manually.
2) Plot the indicator.
3) Change the input of time and date after which you want to hide price action.
4) Change the script according to your trading strategy.
5) Enjoy the free of cost manual backtesting.
Good trading buddies !
Note : This post is only for educational purpose , it does not contain any financial advise.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.