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Found 2 results

  1. Hi everyone, I would like to start a topic about backtesting with OptionNET Explorer (ONE). I am a new user to this software so certainly have I very basic questions. I am using ONE v2.0.75 BETA version. My goal was to understand better how backtesting is working with ONE so I started with the helper of ONE. I only found one match for "backtesting" and it was a video : Did you guys see other informations about backtesting in ONE? So I watched it. Here is a brief summary of this video (I do not mention "special" features like adjustment for example). I let you read it then, at the end, I would have some questions. Choose the account Choose the date and time when you want the backtest to start. The buttons allow you to increment date and time in the past or in the future. Select the underlying Note that the chain option corresponding to the underlying and the expiration date now appears You are now ready to model your trade. Enter the required numbers (in format “+” or “-” if you want to buy or sell) The risk profile screen area is automatically updated When the model is completed, press the “Commit Trade” buttonNote : in the v2.0.75 BETA the button is here : Complete the Trade Documentation in the pop-up window Note that the numbers you entered in the Model column are now moved into the Pos column You can now go forward in time by clicking on the Date and Time buttons To close the trade, simply counter add the positions in the Model column (replace “-” by “+” and “+” by “-” signs). Then, as usual, commit the closing trade by clicking on “Commit Trade” The trade is now closed and you can see the report by clicking on “Reports” Fine Tuning. Once the backtest closed, it is possible to change the price of the options (putting for example the price of today) and see how the backtest reacts. Click on “Trade Log”. The result appears in the backtest trade window Here is an example. Following an alert received by one my program (technical trigger), I simulated a bull put spread on MSFT, delta's 20 and 11, expiration 22 days from now. To make a backtest I followed the check list here above like this : 1. Date and Time : 11-MARS-2021 (the date I want to backtest) 2. Puts deltas the closest to 20 and 11 with expiration date the closest of 22 days (at that time, it was 21 days). 3. I clicked on the "Date and Time" Button to go from one day to the other. When the gain was OK for me I closed the trade. 4. Here is the result : Now I have some questions : Are the green points the P&L of each day until I closed the trade? Is that backtest only related to year 2021? I mean : ONE has not automatically entered a new trade as soon as I closed mine, right? No technical triggering is possible, OK? If I well understand, I have to go manually, day after day, then close my trade when I am OK with the gain. If I want to make an other backtest, I have to begin from start (entering a new date, selecting a new expiration date, etc.)? Now here is the part "Analysis" of the report It looks like all the positions are plotted there (real, tests, etc.). Is it possible to have the equity curve for that backtest over years? Thank you for your reading. Please do not hesitate to comment.
  2. Hi all. I'm just curious about your opinion of Sheridan Mentoring, esp. for those of you who use the service. I hear they are changing the pricing structure to include a $300 annual fee (in addition to the ~$6K initial fee) to access the resources of the service. Still worth it? Also, I'm curious about thoughts on OptionNET Explorer software. It seems really nice... thinking of signing up for a trial. I've heard OptionVue also has a nice backtester but wow the pricing for that product is really complex and I'm not sure if it's any better than OptionNET.