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Vinubhai Patel

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Recent Best Controversial

    Feature Request - RS Alpha Scanner in OHLC System Builder and Backtesting Ratio Chart Strategies
  • V Vinubhai Patel

    Hi @Prashant-Shah, @Brijesh-Bhatia,

    Could you please add backtestig for Ratio Chart as well?

    Along with that for Candlestick - If you can allow RS Alpha indicator scanner in System builder that would be great so that in backtesting we can have strategy with RS alpha as well. Currently, we have RS Alphha available on chart but not on the System builder for scanner in OHLC.

    Thank you 🙏 🙏


  • ISSUES AND BLOCKERS
  • V Vinubhai Patel

    Yes, lately It's been frustrating. Everyday, there are different issues - looks like it requires adequate regression testing before publishing the new version.

    i.e CAGR calculation is broken. Success ratio is 100% but CAGR is 0

    image.png

    image.png


  • Continuation Pattern
  • V Vinubhai Patel

    @Brijesh-Bhatia
    I thought we execute trade through momentify so the system know which candle we entered the trade and so it can decide which candle low to exit on

    For Supertrend, What I noticed is that - most of the time - supertrend turns green and then it does not cross the high of that candle on very next day and it may take from 1 day to few weeks or more - so we don't know the exact timeframe between it turned green and it crosses the high. Is there a way to achieve that? Thanks


  • Serious Issue in Backtest Position Sizing Logic – Inflated CAGR Results
  • V Vinubhai Patel

    Another example:
    Check the year 2010 - All the months in year 2010 have negative returns except Aug and Aug 2010 - the return is +72.27% then how come the total return is 471.19% in 2010? Please find the attached imaged
    image.png


  • Serious Issue in Backtest Position Sizing Logic – Inflated CAGR Results
  • V Vinubhai Patel

    @Prashant-Shah
    I have also came across issues with momentum trading back testing where the numbers does not add up and seem to be incorrect. ie. Monthly returns table shows negative percentage in all years total however CAGR is positive. CAGR can't be positive if we are getting negative return every year. Please look at the attached image. It's hard to understand which data are correct and which are not?
    image.png


  • Historical data issue
  • V Vinubhai Patel

    Hi @@Definedge-Experts - Some of the historical data does not seem right. ie.
    i.e ALEMBICLTD - Backtesting shows the long entry on 10-Sep-13 @ 24.65 whereas the actual closing price on that day is 12.32. Which clearly shows that - split might have caused this issue. Can you please look into it and fix the data so that backtesting result is more accurate and skewed due to such issues?

    583ed0ce-67b7-46c7-9e9d-9f4dae8663ea-image.png


  • Chart on mobile device and monthly returns in backtesting
  • V Vinubhai Patel

    @Definedge @@Definedge-Experts
    Any update on this?


  • Continuation Pattern
  • V Vinubhai Patel

    @Brijesh-Bhatia - appreciate your help
    i.e. - If I created momentify strategy with some strategy and want to exit at the low of the buying candle - how do I create it in the system builder?
    Similarly, how do I create a scanner in the system builder to filter the stocks based on following criteria:

    • Supertrend turned positive
    • High of the above bar where the super trend turned positive/green is broken

    As always - grateful to you and the team 🙏 🙏


  • Chart on mobile device and monthly returns in backtesting
  • V Vinubhai Patel

    Hi
    Please let me know if you need any more information to debug further. Basically - It shows all yearly total returns as negetive but still shows CAGR of positive 15%

    Along with that Mobile app chart is obvious and I believe could be replicated very easily unless it is specific to user's mobile model/version.

    Thank you for such great product and support.


  • Chart on mobile device and monthly returns in backtesting
  • V Vinubhai Patel

    Hi

    The chart on mobile device does not load during market hours and it is almost impossible to get it working. At times it works after hours.

    Along with that It seems like the numbers shown in monthly returns seems to be incorrect and not working as expected.

    35428a11-87bc-4462-ac61-62a57297141f-image.png

    Could you please look into it and fix it ASAP?


  • Backtesting Master scanner
  • V Vinubhai Patel

    Thank you @Prashantbahi - appreciate your quick response and such a great product.


  • Continuation Pattern
  • V Vinubhai Patel

    Thanks for your quick response @Brijesh-Bhatia.
    I have few other questions regarding the system builder if you can help with :

    How can I filter stocks with following criteria
    1.
    Supertrend turned positive
    High of the above bar where the super trend turned positive/green is broken

    20 EMA is broken down
    Low of the above bar where 20EMA is broken down is breached

    How can I exit on the breach of the low of the bar on which we have entered into the position?

    Thanks 🙂


  • Continuation Pattern
  • V Vinubhai Patel

    Hi,

    I couldn't find any of the continuation patterns like Bull Flag, Pennant, Ascending Triangle, Rectangle - How can I scan stocks for such patterns?

    Thanks


  • Backtest Master scanner and other pre built scanner
  • V Vinubhai Patel

    Hi,

    How to backtest Master scanner and other pre built scanners like Darvas box scanner etc.. - as it would be important to backtest any strategy to make an informed decisions before using for trading or investment?

    On Momentify, there is a button for backtesting - but it just takes user to RZone but there is no way to backtest the strategy - It seems like broken feature. Ideally, It should take user to particular backtest page and auto populate the criteria for backtesting.

    Thanks,


  • Indicators and Patterns
  • V Vinubhai Patel

    Sure, if you can contact that would be greatly appreciated. you can contact me on my Whatsapp number which is available on the Account unless you want me share it here.
    Thanks


  • Backtesting Master scanner
  • V Vinubhai Patel

    Hi,

    How to test Master scanner?

    On Momentify, there is a button for backtesting - but it just takes user to RZone but there is no way to backtest the strategy - It seems like broken feature. Ideally, It should take user to particular backtest page and auto populate the criteria for backtesting.

    Thanks,


  • Indicators and Patterns
  • V Vinubhai Patel

    First of all thank you for such a nice ecosystem of tools.

    I have few questions:

    As there are plethora of Indicators and Patterns - Is there any documentation explaining what each of them does and how to use them?

    If there a way to achieve something like: close below 10 EMA on weekly timeframe and on daily timeframe price goes below the low of last week => this is my exit criteria

    Is there any way to backtest some of the smart screens like darvas or vcp etc..?


  • R Zone, system builder, arithmetic operations???
  • V Vinubhai Patel

    Hi @Prashant-Shah
    Is it available now?

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