I will be testing strategies on all timeframes (3 minutes up to 60 minutes) using NT7.
I have read that Strategy Analyzer backtesting simulation only uses the OHLC data points. And if the stoploss and the profit target price is in the same bar, the simulation algorithm defaults to give that trade a loss for a more conservative back testing. The backtesting simulation does this because it does not know price direction for that bar and does not know if profit target comes before stop loss or vice versa.
What is your recommendation for a more accurate back testing for this scenario?
Will submitting orders to a secondary bar object for an intrabar fill help with this scenario? Or do I need to purchase tick data.
I ask because I am back testing on the 30 min bar chart and I see some stop loss and profit target prices on the same bar and that trades defaults to a loss.
Thank you
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