Hello, I needed some clarification regarding working of AlgoTest backtest algorithm. Below are points and my understanding about it. Please let me know if my understanding is correct or not. Please note that all my queries are regarding option buying. 1. AlgoTest uses 1 minute candle (OCHL- open, close, high and low) 2. If AlgoTest algo make entry on some candle than even though SL is hit it will not exit on same candle. It may exit on subsequent candle. 3. If AlgoTest algo moves trailing SL on some candle than even though SL is hit it will not exit on same candle. It may exit on subsequent candle. 4. In any 1 minute candle, AlgoTest assumes that 1st low is hit and then high is hit. For example if candle opens at 100 closes at 110 make high of 115 and low of 99, Algo will assume that 1st candle made low and then high and so will act accordingly. So if SL is hit at 99 then it will be hit. 5. Not sure on candle in which SL is hit - If Algo exits at SL or closing of candle or average of open and close. Can you please give clarification on each of above points. Thanks, Vikram.

Hi Sir as per your query , here is our answer 1. Yes it works on 1 min OHLC data 2. No , Legwise sl will be check as per best price available between that sl candle . which means its work on ltp basis 3. No. same as number 2 4 We normally takes entry on previous candle 59th sec . so in next candle sl and target will be monitored 5. Same as 4

backtesting working

Vikram

Hello,
I needed some clarification regarding working of AlgoTest backtest algorithm. Below are points and my understanding about it. Please let me know if my understanding is correct or not. Please note that all my queries are regarding option buying.

AlgoTest uses 1 minute candle (OCHL- open, close, high and low)
If AlgoTest algo make entry on some candle than even though SL is hit it will not exit on same candle. It may exit on subsequent candle.
If AlgoTest algo moves trailing SL on some candle than even though SL is hit it will not exit on same candle. It may exit on subsequent candle.
In any 1 minute candle, AlgoTest assumes that 1st low is hit and then high is hit. For example if candle opens at 100 closes at 110 make high of 115 and low of 99, Algo will assume that 1st candle made low and then high and so will act accordingly. So if SL is hit at 99 then it will be hit.
Not sure on candle in which SL is hit - If Algo exits at SL or closing of candle or average of open and close.

Can you please give clarification on each of above points.

Thanks,

Vikram.

Vikram

Any update on this?

Algotest__Support_Harsh

Hi Sir as per your query , here is our answer

Yes it works on 1 min OHLC data
No , Legwise sl will be check as per best price available between that sl candle . which means its work on ltp basis
No. same as number 2
4 We normally takes entry on previous candle 59th sec . so in next candle sl and target will be monitored
Same as 4