Various types of Renko backtesting is a must-have feature
Posted: Thu May 13, 2021 8:27 pm
Hi Guys,
I must be frank. I had long forgotten about Tickstory, but the email about a new version coming up reminded me of it.
I had moved onto a competitor in the past and ended up forgetting about Tickstory. I'm trying to be frank/open as possible as I believe that is the only way to help as good as possible. I like Tickstory to succeed... I think competition is a good thing...
Another product allows for backtesting EA's with Renko bars and 99% tick modelling quality. It allows for Renko-bars with wicks and without wicks.
However, there are various types of Renko bars. I always refer to this website of a Renko indicator: https://www.az-invest.eu/median-renko-p ... tatrader-4
I genuinely hope Tickstory will implement such feature as well.i.e. 1) Creating 99% tick modelling quality Renko bars, with and without wicks and 2) various types of Renko bars (as per shown in the previous link). I do know a competing firm is already working on something like this.
For marketing purposes I suggest Tickstory to also create / give away a Renko-bar creator indicator, such as the one sold shown in the link above. (I got that indicator and love it). But for people who don't have such Renko-bar indicator (for live trading), they would get the entire package with Tickstory.
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I do love the idea of a Walk-Forward Analyzer in the new upcoming product.
If I may give you some suggestions: Give QuantAnalyzer a look and strip it completely down to 2-5 bare minimum but most usefull features and add those to your product, for the purpose of analyzing back-test results. You would be one step ahead of competition.
Wishing you guys all the best...
I must be frank. I had long forgotten about Tickstory, but the email about a new version coming up reminded me of it.
I had moved onto a competitor in the past and ended up forgetting about Tickstory. I'm trying to be frank/open as possible as I believe that is the only way to help as good as possible. I like Tickstory to succeed... I think competition is a good thing...
Another product allows for backtesting EA's with Renko bars and 99% tick modelling quality. It allows for Renko-bars with wicks and without wicks.
However, there are various types of Renko bars. I always refer to this website of a Renko indicator: https://www.az-invest.eu/median-renko-p ... tatrader-4
I genuinely hope Tickstory will implement such feature as well.i.e. 1) Creating 99% tick modelling quality Renko bars, with and without wicks and 2) various types of Renko bars (as per shown in the previous link). I do know a competing firm is already working on something like this.
For marketing purposes I suggest Tickstory to also create / give away a Renko-bar creator indicator, such as the one sold shown in the link above. (I got that indicator and love it). But for people who don't have such Renko-bar indicator (for live trading), they would get the entire package with Tickstory.
------------
I do love the idea of a Walk-Forward Analyzer in the new upcoming product.
If I may give you some suggestions: Give QuantAnalyzer a look and strip it completely down to 2-5 bare minimum but most usefull features and add those to your product, for the purpose of analyzing back-test results. You would be one step ahead of competition.
Wishing you guys all the best...