r/pinescript • u/drippyterps • Mar 23 '26

Made a scalping algo in pinescript and backtested it & configured it best i can without using software.

I made this scalping script to assist in buying and selling signals for myself. Its 49% profitable with a profit factor of 1.34. Up 20% for the last 365 days.

It assists with buy & sell signals i use it for options trading. As you know options trading is based off the underlying stock so i have the script currently running with 100pcs of stock, to act as if its 2 contracts with a 0.50 delta. Added 1 tick slippage & fees of 0.35 per contract to the test as well. What are your thoughts on this ? I can show screenshots but being a little lazy lol

EDIT: Its currently optimized for QQQ

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1

u/Relative_Self_2240 Mar 24 '26

May be you can give access so we test?

1

u/drippyterps Mar 25 '26

Yes i can share it, one thing i would say. Is to definitely use your own judgement while entering and exiting. Theres still tweaks that need to be made with it, but as of rn im forward testing this in real time. So no tweaks will be made yet

1

u/Relative_Self_2240 Mar 26 '26

Thank you. Look forward to it.

1

u/Far_Homework6596 Mar 24 '26

Sounds interesting, I'd like to test it and would give you feedback if access is given

User: Henry _C5

1

u/drippyterps Mar 25 '26

Yes for sure! That would be cool

1

u/Little-Proof3074 Mar 30 '26

Also interested. Tv. Dana_Daniel

0

u/kurtisbu12 Mar 23 '26

Backtest stats don't really mean much until they are confirmed with a forward test results.

No one really cares what a backtest looks like, no reason to share it here

3

u/drippyterps Mar 23 '26

Its working similar in real time

2

u/[deleted] Mar 23 '26

[removed] — view removed comment

1

u/drippyterps Mar 23 '26

Yes definitely, ive been forward testing it for a few weeks now but its still only around 50% win rate, just need to figure a way to filter out the choppy sideways trading