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The code does not work in trading view anymore. It says - "Add to Chart operation failed, reason: line 23: Mismatched input 'strategy.entry' expecting 'end of line without line continuation"
Really a useful information.. Thought back testing always involves a paid version tool until I see this video.. This free version and your showcase is of great help.. Please continue your good & quality content to help everyone
Thanks. you have nicely explained the backtesting method and analysis of back-test results. I back tested every single technical strategy available in trading view, over a period of last 20 years and found that buy and hold strategy in bank nifty has given over 4000% returns, while the best of technical strategy has hardly given 40-50% overall returns over 20 years
Excellent introduction to Backtests on TV, Mr. VRD Rao! You are well-versed with the subject matter, and have successfully introduced the process and possibilities involved - keep up the good work!
Finally! I now know how the pros backtest strategies. Now I just hope that I can learn how to code these strategies myself. I am looking forward to the day VRD Nation uploads that video as well. Please continuing doing what you are doing cause you are genuinely educating soo many traders. Hats off.
As usual the best channel to learn, AWESOME CONTENT, eagerly waiting for part 2, THANKS IS JUST A SMALL WORD SIR FOR YOUR CONTRIBUTION & EFFORTS, belated GURU POORNIMA MY VIRTUAL MENTOR
This is just fantastic. I am new to trading and I have come across quite a few videos on different aspects of trading but no one, yes, no one talked about the importance of back testing of strategies. And I must admit, you are a good teacher. Thanks a lot. Will be waiting for more videos from you. 🙏
This is the first video I could find on real backtesting. Great content and I think if somebody wants to succeed in market he/she is damn serious for backtesting also.we need more on this for sure.🙏🙏
I think there is a catch in terms of percentage. For example, if i entered at 100 and it shot upto 200, it says +100% and if it crashed from 200 to 100 it says -50% (techinically speaking) but we lost all our gains. And if it crashed further to 0, it says -100% but we have lost 200 (200% of our capital), more than our capital of 100.
Absolutely loved the detailing. Was looking for some help like this since few months, which ended here finally. Will binge watch the other videos published by you. Thx again
I am happy to accidentally see your videos on UA-cam few days ago. you are the pidepiper to me, i just turned my path towards algo trading. Thank you sir.
Im waiting for this video Sir We need More video of Back testing pls explain even more detail ...and Thank you very much for telling such a difficult subject so easily ... ❤️❤️
Great VRD, you made it now, I was waiting for it from long time... Thanks a lot and pls go ahead we're with you in this journey of making people aware of right thing in absolutely zero cost ...
Great video - keep it up guys- just one question - what amendment did you make to the 20/50 MA strategy to improve it…. Many thanks in anticipation of your response…
I never knew so much can be done in trading view, thanks for the great video and looking forward to the coding video. I have shared your channel with many of my friends as I find it one of the best.( really the best one). Keep up the good work and thanks once again for the wonderful service you are doing to the community. In couple of days only I watched many of your videos and learnt so many new things.
Wish I had access to the first strategy code versus second strategy code, so we know what was changed to make the second strategy to be more profitable.
hi, how can I make this work in 5 minutes and 10 minutes timeframe? I tried to backtest using the exact code but it seems that it only works in 1hr and 1D timeframe. Hoping to get an answer. the video is really informative and helpful.
It's really awesome video. Thanks for sharing the thoughts and sparing your time. Appreciate if you put on a separate video on logic building steps for backtesting. For example in this video second version logic could not get much on what's been tweaked.
Theoretically we can lose more than 3 lakhs just like there's possibility of unlimited loss theoretically when shorting. In reality if the trade goes wrong, the exchange/broker will liquidate us when we already incur a loss equal to our account size and our position will be exited so that exchange/broker don't lose their money. Ofc liquidation price will depend on Leverage as well. Amazing video! Waiting for more. I know most of the newbies won't take this topic seriously like I wouldn't have either before I incurred a huge loss lol. Amazing channel! Keep up the great work. 💜☺️🙏
Kindly let us know how to browse through in Trading View to reach the back testing tab. The video is too good and really loved the way you explained it.
Yeah no doubt, I was wondering how you go about, or what type of conditions you can tell it to use but not even an idea if we don’t see the one he did make. Great vid, don’t get me wrong. Learned a lot. Gotta get me a pine script pro on the payroll now
It's really really amazing. It's one in a million video. Let us be good traders and please make 2nd version of this video and thanks a lot for a great knowledge ...
What are the limits of FREE account on TradingView for BackTesting? Looks like there is a limit for the amount of bars, so that I can not get more then 40+ trades with my RSI-strategy. For ex on MSFT ticker RSI strategy (14 30 70) gives only 60 trades since 1986!
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Good content, let's see your next video about coding
The code does not work in trading view anymore. It says - "Add to Chart operation failed, reason: line 23: Mismatched input 'strategy.entry' expecting 'end of line without line continuation"
10x for the very useful informative video , do you recommend taking the paid version of the TradingView ?
Pls continue this series sir...this is best vedio...no UA-cam channel addresses this things...ur different from all...continue trading view series sir
I think this is the first video of its kind. No where we even hear how they back test.
Thanks a ton.
Really a useful information.. Thought back testing always involves a paid version tool until I see this video.. This free version and your showcase is of great help.. Please continue your good & quality content to help everyone
Thanks. you have nicely explained the backtesting method and analysis of back-test results. I back tested every single technical strategy available in trading view, over a period of last 20 years and found that buy and hold strategy in bank nifty has given over 4000% returns, while the best of technical strategy has hardly given 40-50% overall returns over 20 years
Fantastic explanation! You truly stand out with the clarity and depth of your content-nobody explains it like you do. Proud of your work!
Thanks. What more conditions to add in strategy to improve numbers...
Excellent introduction to Backtests on TV, Mr. VRD Rao! You are well-versed with the subject matter, and have successfully introduced the process and possibilities involved - keep up the good work!
No one explained in a such a simple manner, thank u zir
Best video ever sirrr 👌🏻👌🏻👌🏻
Thank u so much🙏🏻🙏🏻🙏🏻
Finally found the best Tutor. I admire at your excellency. Great Explanation.
Finally! I now know how the pros backtest strategies. Now I just hope that I can learn how to code these strategies myself. I am looking forward to the day VRD Nation uploads that video as well. Please continuing doing what you are doing cause you are genuinely educating soo many traders. Hats off.
please tell me if there is any video out there solving the issue of coding for the strategies
As usual the best channel to learn, AWESOME CONTENT, eagerly waiting for part 2, THANKS IS JUST A SMALL WORD SIR FOR YOUR CONTRIBUTION & EFFORTS, belated GURU POORNIMA MY VIRTUAL MENTOR
Wowww. Superb presentation. 👌👍👏
What an video ... Superb and it made my day highly impressed with your knowledge sir....
This is just fantastic. I am new to trading and I have come across quite a few videos on different aspects of trading but no one, yes, no one talked about the importance of back testing of strategies. And I must admit, you are a good teacher. Thanks a lot. Will be waiting for more videos from you. 🙏
Million likes. This opened up my mental block. Thanks a lot.....
Hey, it would be great to have more lessons on creating strategies and other aspects of back testing those strategies.
Great example walkthrough to show backtesting in TradingView. Thank you.
Please don't stop sir. Go on sir . We are learning everyday from you 😀
Thought at the end of the video
It's time to learn coding now...
This is best video on pine editor in india...very different concept...love to see the coding part...hats off to your efforts to quality concepts...
This is the first video I could find on real backtesting. Great content and I think if somebody wants to succeed in market he/she is damn serious for backtesting also.we need more on this for sure.🙏🙏
You are sharing the things, I didn't find anywhere else. Waiting for the next video.
That was awesome. I have been pondering for months how to get more out of Trade View. Well done.
Huge eye opener ! understand more how hard it is and how many challenges are to be faced...excellent content in video, many thanks.
Awesome, Would love to see the advanced part..
I have been looking for a video like this for years!! thank you so much
How to get historical data in numbers than chart.
Dates with OHLC and previous close in list mode
I think there is a catch in terms of percentage. For example, if i entered at 100 and it shot upto 200, it says +100% and if it crashed from 200 to 100 it says -50% (techinically speaking) but we lost all our gains. And if it crashed further to 0, it says -100% but we have lost 200 (200% of our capital), more than our capital of 100.
Yes sir we do need the adavanced part of this video. This is the most useful video of your channel so far.
Wonderful Content I never know such features in trading view before, really Amazing
Absolutely loved the detailing. Was looking for some help like this since few months, which ended here finally. Will binge watch the other videos published by you. Thx again
Wow ....your the best UA-cam channel
I am happy to accidentally see your videos on UA-cam few days ago. you are the pidepiper to me, i just turned my path towards algo trading. Thank you sir.
Very use full. Excellent video. Thanks.
Best UA-cam educator in this segment!
Jai hind sirji, superb explained ,for those who have patience.
very informative video
where we will get these coding script?
thank u
Real good education, just seen your channel for first time and will go over some of your videos, more on back testing, thanks!
Wow! The INTRO to that Video was Fire! 🔥
True Teacher of Practical Trading
Can you please explain how you write a strategy from any indicator ?
Please make more of these videos there are people who appreciates your efforts
Hello Sir,
Always have Great knowledge and I request you please share more videos
If I get a notification from u I'm so exited because I getting something new learning skills....... I'm really thankful sir
Thanks VRD❤️... Need more backtesting videos...
Im waiting for this video Sir We need More video of Back testing pls explain even more detail ...and Thank you very much for telling such a difficult subject so easily ... ❤️❤️
🙏 Next Generation Market trainer, educating with right information for free. where the scammers charging by giving wrong information.
Very informative video... I am using Trading view for last 2 years, but never explored the backtesting feature there... very very nicely explained👍
I thought that you should ad the commission fee there for a healthy back test, it can easily change ever numbers on your bactest.
Great VRD, you made it now, I was waiting for it from long time... Thanks a lot and pls go ahead we're with you in this journey of making people aware of right thing in absolutely zero cost ...
Loved this, awesome work, hats off
Sir we are really learning something from you on every video you posted...heartly thank you sir.
Interested for the advanced version of coding and testing in tradingview
Would like to know what steps u took to improve the strategy
Thank you so much for explanation of backtesting. I could understand it now very easily. 😇
How you fixed those faults in the strategy please explain it?What are the changes you made in that strategy?
Excellent video on backtesting. Please guide us more about the coding and backtesting more complicated strategies.
Hello Sir
Much appreciated how you back tested your strategy, I am highly impressed.
What changes u did in the version 1 code to improve those 3 aspects? What changes and how it will affect the trade?
Great video - keep it up guys- just one question - what amendment did you make to the 20/50 MA strategy to improve it….
Many thanks in anticipation of your response…
I never knew so much can be done in trading view, thanks for the great video and looking forward to the coding video. I have shared your channel with many of my friends as I find it one of the best.( really the best one). Keep up the good work and thanks once again for the wonderful service you are doing to the community. In couple of days only I watched many of your videos and learnt so many new things.
super helpful, thank you very much
thanks a lot for creating this beautiful demonstration of this tool, It really gave a glimpse of what exactly can be done using coding
Wish I had access to the first strategy code versus second strategy code, so we know what was changed to make the second strategy to be more profitable.
You are a genius and you have the intention to make the fellow trader a genius as well. Love you sir your efforts are priceless, unmatchable.
Can you please share both strategy codes for newbies? :) THANK YOU in advance!
Started learning pine script.
you really give a good knowledge of trading & thanks it is for absolutely free Thank u sir
how do you change the leverage in the strategy tester? And also how do you choose a custom lot size such as 0.01?
hi, how can I make this work in 5 minutes and 10 minutes timeframe? I tried to backtest using the exact code but it seems that it only works in 1hr and 1D timeframe. Hoping to get an answer.
the video is really informative and helpful.
Great enlightening video. Though I m in trading since a decade, I hv no clarity about back testing. TQ for knowledge sharing.
Hi does anyone know where is the stock screener button on the application ?
Thanks! Please post further videos on backtesting!
It's really awesome video. Thanks for sharing the thoughts and sparing your time. Appreciate if you put on a separate video on logic building steps for backtesting. For example in this video second version logic could not get much on what's been tweaked.
You are amazing. Many thanks for your time and effort
Thank you sir, You are very good GURU, I am sure what you are sharing is adding in my comforts and my bank balance. Thanks.
Theoretically we can lose more than 3 lakhs just like there's possibility of unlimited loss theoretically when shorting. In reality if the trade goes wrong, the exchange/broker will liquidate us when we already incur a loss equal to our account size and our position will be exited so that exchange/broker don't lose their money. Ofc liquidation price will depend on Leverage as well. Amazing video! Waiting for more. I know most of the newbies won't take this topic seriously like I wouldn't have either before I incurred a huge loss lol. Amazing channel! Keep up the great work. 💜☺️🙏
Very very important information sir, pls make some more videos
Please do next part
You r doing a really great job teaching us
That to free
Please do next part of back testing
yes i want to learn advance back testing.
what if I want to backtest any candle stick pattern for example narrow range 3 how do I do it
Sir, Is there any way to create a strategy with naked price action concepts..
Just write a code
New user and loved what you shared. Will go back to all your videos for more. Love to see how to code as well. Thank you.
This knowledge is priceless
Hi Sir,
How can I backtest an investment strategy where the stocks are also selected by the strategy unlike the trading strategies?
Thanks
Kindly let us know how to browse through in Trading View to reach the back testing tab. The video is too good and really loved the way you explained it.
Hi. Thank you. Do you have a video to explain the second strategy you showed in this video?
Thank you so much this helped a lot!!!! You saved my life
You are simply great, we are excited to see more videos on this
Finally much awaited video is out....Thanks a lot for this wonderful information sir. Now to time to wait for strategy builder video.
I feel as if I was attendng PG class. Very good learning. Thanks.
What was the second code change done to improve the strategy?
Yeah no doubt, I was wondering how you go about, or what type of conditions you can tell it to use but not even an idea if we don’t see the one he did make. Great vid, don’t get me wrong. Learned a lot. Gotta get me a pine script pro on the payroll now
Thank you for this video, but can you tell us, what did you change was it the ema's for a closer to price action crossover?
It's really really amazing. It's one in a million video. Let us be good traders and please make 2nd version of this video and thanks a lot for a great knowledge ...
This example is for nifty future. How do we check this for stocks? Is it possible or only useful for futures and options
I can see some genuineness in this channel... 👍👍
You made my work simple.... Thank u bro... 👍
Yes, you can easily make a loss bigger than your capital. One example can be by taking leverage beyond ones capacity
👏👏👏👏💪 You broke it down!
What are the limits of FREE account on TradingView for BackTesting? Looks like there is a limit for the amount of bars, so that I can not get more then 40+ trades with my RSI-strategy. For ex on MSFT ticker RSI strategy (14 30 70) gives only 60 trades since 1986!