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    Backtest Settings
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    Contents

    Backtest Settings

    • 2 Minutes to read
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    Article Summary

    Disclaimer: Past performance is not indicative of future results, a principle that applies to all backtesting, whether manual or automated

    Use this section to setup the automated backtesting system

    TIER AVAILABILITY: These options are available in PRO:

    Table Size

    Select the backtest results table size to display on the top right of your chart

    Disable Backtester

    Enable/Disable the backtesting system

    Custom Start Date Toggle

    Toggle on to enable a custom start date for backtesting (the system will begin from the beginning of your chart if this is disabled)

    Custom Start Date

    Enter the custom date / time for backtesting to begin from

    IMG PRO includes an automated backtesting system that will provide the following details based on the overall settings you apply:

    Initial Capital

    The starting balance of your account at the beginning of the backtest. This is entered in the Risk Management Section in settings

    Available Capital

    Current available capital based on the backtest results of all closed trades

    Net Profit

    Total Profit or Loss achieved in the backtest

    Closed Trades

    Total number of closed trades in the backtest 

    BE Trades

    Total number of Break Even trades during the backtest

    Delta Trades

    Total number of trades that were not break even during the backtest

    Winning Trades

    Total number of winning trades

    Max Drawdown

    The largest single drop in capital value from all closed trades during the backtest period. The Peak and Trough dates and trade IDs are provided in the results tables to easily find and analyse them on the chart

    Profit Factor

    Total value of all winning trades divided by the total value of all losing trades

    Open Trades

    Total number of current open trades

    Max Win

    Largest win during the backtest period. Max winning trade date and trade ID is provided in the results tables to easily find and analyse it on the chart

    Max Loss

    Largest loss during the backtest period.

    Avg Trade Win

    Average win / loss of all closed trades

    Avg Profit Per Trade

    Average Profit/Loss based on all closed trades in the backtest

    Avg Bars Per Trade

    Average duration of each trade calculated in chart timeframe bars

    Current Portfolio Value

    Current capital taking into account all closed trades during the backtest

    Buy and Hold P&L

    Profit or Loss if the instrument was purchased and held at the backtest start date

    Outperform

    Indicator performance vs Buy & Hold P&L

    Start Date

    Start date of the Backtest

    Colour Coding

    The table is colour coded to help identify good results at a glance. Colour coding focuses on finding results that could be compatible with trading under prop firm conditions, i.e. High Profit Factor and Low Max Drawdown:

    DD < 10%

    Green Text

    DD 10 -15%

    Yellow Text

    DD > 15%

    Red Text

    PF < 1

    Red Text

    PF 1 - 1.5

    Yellow Text

    PF > 1.5

    Green Text

    If the PF is > 1.5% and Max DD < 10% both boxes background will turn green Indicating strong results

    The Goal is to get both DD and PF in green

    The information is presented in a table on the top right corner of your chart.

    Example: BTCUSDT.p BingX H12-H1

    Other Notes

    1. The system can only backtest the data available to it. As such, results may vary based on the lookback data available in your tradingview subscription

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