Understanding Backtest Results: Insights and Analysis
In this section, we shared how to analyze backtest results.
Last updated
In this section, we shared how to analyze backtest results.
Last updated
The BACKTEST TOOL calculates based on 1-minute price movements and does not operate under 1 minute due to insufficient server resources.
Using the BACKTEST TOOL, you can obtain results for all coins specified for the selected signal on one exchange, across all timeframes when the signal is active.
The cumulative results displayed in the white boxes at the top of the BACKTEST TOOL indicate the overall outcome. It doesn't calculate individual positions, only transactions in coins are computed as positions.
When running the system on all coins, if you input $100 in Wallet, and it operates on 289 tokens or coins, the test is conducted as if there were $100 allocated to each coin, providing comprehensive results.
In this section, we show you how many assets (coins/tokens) received signals for the selected signal during the specified date range. In the example picture, we tested the Bollinger Band signal over the last 3 days and observed that a total of 76 tokens received signals during this period.
As can be seen in this section, the cumulative results from the time frames in which the signal occurs are indicated.
Time Frame : 5M = 5 Minutes // 15m = 15 Minutes // 30m = 30 Minutes // 1h = 1 Hour // 2h = 2 Hour etc...
PNL = Profit and Loss $ ( shows the status of the amount you entered into the wallet in dollars as + and - as a result of transactions.. )
Success = It shows how many tokens you have achieved as a result of the tests performed on the criteria you have entered.
Unsuccess = It shows how many tokens failed as a result of the tests performed on the criteria you entered.
In some cases, when you enter a small take profit and give a high stop loss, you can make a loss on the overal even if the balance of success here is high. Please pay attention to this situation. You can check it on PNL.
In stock markets, PNL typically stands for "Profit and Loss." It represents the profit or loss realized by an investor from a particular trade or investment. PNL is crucial for evaluating traders' strategies and monitoring portfolio performance.
To explain this part simply: 5m = 5 minutes shows a total profit of $ 88 in signals, the total number of coins successfully traded is 56 and the number of unsuccessful coins is shown as 11... so in total, 67 tokens were traded in the 5 minute time frame and $ 100 entered each of them. this means that 67 coins with a total of $ 6700 were traded at the same time with $ 100 each.
In this section, you can view the outcomes of the chosen signal based on the criteria you've set regarding coin and time. The signal manifested within the time frames highlighted in red, with corresponding results listed below. Coin/token names are displayed on the left, while time frames are indicated along the top.
Time Frame : 5M = 5 Minutes // 15m = 15 Minutes // 30m = 30 Minutes // 1h = 1 Hour // 2h = 2 Hour etc...
On the screen, observing BTC/USDT 5m, 3 signals appear, all successful. The displayed price indicates profits based on your criteria. Clicking the box reveals transaction details.
Click on the box to see a list of results and actions. In this image, it is clicked on 5m.
BUY DATE : Date and time when the signal occurred
SELL DATE : Exit time calculated according to the take profit value.
SIGNAL STATUS : Success status of the process.
WALLET POSITION : the warning indicating whether it has been processed or not.
WALLET PRICE : total profit or loss from transactions entered into
The box will be green for successful operations.
Unsuccessful transactions will be red.
If a transaction has been entered but no profit has been made yet, it will be shown in red due to the fee deduction.
4 transactions were recorded, resulting in a total profit of $3.77.
A total of 8 signals were received, but only the new signals were evaluated upon exiting the process, skipping those already processed. Out of the 8 signals received, 3 were processed, resulting in 2 successful trades. However, despite these successes, the overall profit was displayed as a loss due to a net loss in the total balance. This often occurs when the Take Profit (TP) is lower than the Stop Loss (SL).
In this section you can see how a completed backtest result is viewed and evaluated.
