@Abhi Trader

No. I haven't received any clarity from the DefineEdge team yet.

@Rajendra-Manke

Thanks for sharing your inputs on the strategy. However, I partially agree to your views though. I agree that our view should be focusing on the process and improving the psychology.

My only concern is : That if all the parameters are kept same, why is there a differnece in results ? It is like calculating in Excel 2+2 gives "4" as result 92/100 times. Now those 8 times ? Does that mean, it is not 4 ?. If it were the case, we wouldn't be using Excel today based on most times it is right. We use it because there is consistency and repeatability.

My only concern is if the parameters are kept same then why results are different. Because if so, then the results you have mentioned in crores may also be faulty. Remeber, if one thing can go wrong with algo, there can be many. I have studied computers and thus I know miniscule details about it. This only makes me trust the system less. At this point, I must mention, I am least concerned about crores of profit. I am also ok with losses to be frank. What I am not ok with is inconsistency in varying results.

What worries me is if the sytem is not robust, then the credibiity backtesting takes a backseat. Be it max drawdown or profits too. It makes me question how much should I trust the software?!

Anyway, my doubts are logical and worthy to think about from a technical perspectiuve rather than being emotional or subjective about it.

Having said all that, I love what the definedge team has done to create Momentify and I am certain they will keep bringing us with more of such innovatvie ideas and products that we love!

Hello,

Since a couple of days I have been testing out the strategies mentioned in the book. However, I was startled to see there are very big differences in what's mentioned in the book V/S when I actually did the backtesting myself on R-Zone. Also, it is not just limited to 1 strategy but multiple strategies have issues. I haven't tested all of them, but the ones which I have (3 strategies as of now), I am mentioning them below.

It is my request to the Definedge team and Prashant Sir to kindly look into this matter and please provide a solution as well as the logic behind this issue for better understanding of the system. Also, I request everyone else who may have faced any similar/same issues. If yes, do write down below so that the team knows if the issue is universal. If not, I would request you to go ahead and backtest the strategies to see if your backtesting matches or varies from the one mentioned in the book.

Few such examples are as below :

Strategies :

MIP 37 - Book results are : CAGR - 36.57% & Drawdown - 21.92%
Actual Backtesting results : CAGR - 32.72% & Drawdown - 52.92%

MIP 35 - Book results are : CAGR - 32.45% & Drawdown - 22.29%
Actual Backtesting results : CAGR - & Drawdown - 50.07% (Stopped backtesting as it crossed Max DD in between only)

MIP 15 - Book results are : CAGR - 39.22% & Drawdown - 16.75%
Actual Backtesting results : CAGR - 41.4% & Drawdown - **15.98%

In MIP15, my concern is even though the result maybe good, but how can it be different ? If the same data set is being tested without any variations in parameters ?

I have copied these strategies from "Sample Strategies" from Momentify Page and then backtested it in R-Zone.
Note : I have kept all the parameters unchanged including backtesting date, capital & universe, etc.

Hence, it is my humble request to the Definedge team to please look into it and provide a solution as well as logic for this issue in order to avoid any real time issues when we deploy the portfolio for Real Trading.

Thank You
Harshal Chokhawala
19/08/2025