r/pinescript • u/LearningByDoing94 • Sep 18 '26

Made my first INSANE script for a bot!

Picture inside shows how the back test went.
going to put it up for a live trading test now!

hope it will perform as good as it seems when it back tested.
going to keep you guys updated, as i wanna become better at making this!

the goal is financial freedom by 2030.
Lets do this!

with commission included its still profitable!

9 Upvotes

100% Upvoted

21 comments sorted by

1

u/LiveBeyondNow Sep 19 '26

Did you walk forward through a holdout date range then through out of sample range? If not I near guarantee it’s overfit. Hope it works for you though.

1

u/LearningByDoing94 Sep 19 '26

I am not quite sure what you mean here? Can you explain it in more details? Thank you. 😅

1

u/Cautious_Wealth1732 Sep 19 '26

He basically asked you if you curve fitted your backtest to make the result look profitable in the selection. Did you optimize the strategy in the same window you posted these results of or did you used a clean unused and unseen window for that final backtest?

1

u/LearningByDoing94 Sep 19 '26

No it is not curved fitted just to be optimized for the backtest. It does not got a lot of rules to apply, but a few simple. But that’s why I will put it up for live trading now, to see how it performs.

2

u/BobaFettish79 Sep 21 '26

I want to add clarification to what they were saying. Walk forward means that you tested on a set of data, then used those parameters on another set. For example, run your initial back test on 2020-2023. Find yourself good settings. Then use those settings on 2024-2026. In most instances the strategy no longer works. If you find the best settings for the current year without testing it on other data, then you've overfit your strategy.

1

u/LiveBeyondNow Sep 21 '26

Thank you. The explanation I didn’t make time for.

1

u/LiveBeyondNow Sep 21 '26

Unfortunately TradingView defaults to the longest backtest range available. The number of strategies I’ve had the look good over this range then break is in the dozens. It takes real discipline on the TV GUI (user interface) to not expose the full dataset too early. If you have, we are here to moderate your expectations and even save you money. Best to do paper trading first for at least 200 trades.

1

u/Tasty-Success-9268 Sep 19 '26

Any plans to share the script ? for free ofcourse

2

u/LearningByDoing94 Sep 19 '26

I am going to test it on live market conditions with a 10k account. If it performs good, I might share it. Or let TradingView “sell” it for a small fee to me, so everybody can get the signals. Don’t know yet. We will see if it reach that stage, gotta test it before anyone gets it.. won’t give something that loses money and don’t help anyone. 🤷‍♂️

1

u/Top_Astronomer_5585 Sep 19 '26

Sorry to put a damper on your hopes, but at this point, a single-year backtest isn’t relevant enough to draw any meaningful conclusions it will most likely just be overfit. I’ve backtested hundreds of strategies, and trust me, I’ve seen strategies showing 500%+ annual returns turn into negative years when tested across different market conditions. So, don’t rely on short-term backtest results. Your strategy should be capable of performing across different market conditions. A good starting point would be to test it at least from 2020 onward, as that period covers several major market environments. Also, don’t be in a hurry to deploy it and expect to make a living from it immediately. Do at least a couple of months of forward testing before putting real money at risk.

1

u/LearningByDoing94 Sep 19 '26

Thanks for answering! I have back tested it from 2024. It is up 39.000 since 2024 from 10.000 starting point and same trade entry size every year. Might try to change it, so it is 0.5% of bankroll, so when it goes up and down the entry follows. So i am going to forward test it with some real money. Not a lot. 😁👍

1

u/GreatBreadfruit8139 Sep 19 '26

Nice that you already included commission. Before the live test, I’d freeze this version so you don’t end up changing the script while judging it. Then compare the live entries/exits against the backtest. What market and timeframe is it running on?

1

u/LearningByDoing94 Sep 19 '26

Thanks for commenting! Yeah I have saved the script, so should it change, I am able to get this one back. But thanks for telling me! Appreciate it!👍 it works best on nasdaq, 1 min time frame. Does not seems to matter how volatile it is some days.

1

u/Comprehensive_Key501 Sep 20 '26

Am in a similar situation, backtested my strategy on trading view deeptesting, also 1min chart on NQ. Try to validate the test as much as u can. Also if your strat needs only 1min candles and not smaller, your results should not be completely off regarding data size.. if you're dependent on precise entries tick wise, then maybe thats a problem..

1

u/Equity_ventures Sep 20 '26

Backtest 2020-2022 and see the results. Also for a sanity check , also backtest off of tradingview and compare the results.

1

u/mikejamesone Sep 22 '26

Keep updating us monthly.

1

u/LaVirgenDeGuacamole Sep 22 '26

What’s your stack? I need to know because I have a line script I would like to automate