I finally decided to move from TOS to NT, mostly due to pursuing my algo-trading code with automation (auto buy/sell),
So far, I have only back-tested my code in TOS where I'm limited with 1m on the 30day chart or 5m on the 180d chart, but based on what I'm reading, you don't know if it's actually working until you forward test your strategy. I'm seeking advice from someone who have already been through this process:
1. What is considered forward testing? The goal is to test it with actual market orders, if I do forward testing in NT (paper money) will it also mimic the exact entry price / exit price, delays in execution and such as if it was real money? Are there any differences I should be aware of?
2. Is there a way inside NT to "fast-forward" forward testing? How quickly can I forward test 1-6 months of data based on 1m charts?
3. Are there any gotchas that you can share?
Thanks!
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