🚨 If You Use TradingView, Watch This NOW! 🚨
Transcript
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What’s going on guys? So, if you use any back tester, TradingView, NinjaTrader, anything, you want to watch this video right now. If you have questions, I stream live every single day. Be sure to subscribe below. Smash the like button, and I’m going to tell you the realest thing that nobody is telling you right now. Hate to say it, the back testers are lying to you. So, I had I’ve had conversations with probably over 14 different traders that are using these back
Testers, and these back testers are false. Anybody that’s showing you these profits, they’re lying to you also. Um but, a lot of questions are, “Well, how do I weed out a good strategy or not?” Here, take it from me. Look, these are all the scripts I’ve made. These are all scripts and strategy Look, strategy, strategy, strategy, strategy, strategy. All these are different strategies. So, take it from somebody that has built a lot of strategies, right? And these are only the ones
That I decided to keep. I built hundreds of strategies. Uh you’ll get good results, or what you’ll do is somebody will turn the 1-minute chart to like the 5-minute chart, or the 10-minute or 15-minute chart, and then all sudden skew the data to be like, “Oh, look, the 15-minute chart is $12,000 five Dude, it’s not true. So, the only way to actually get close is you got to So, take Say you take this 15-minute Whatever’s going on in the 15, you
Have to code the script to look at the 15, but your entry would be on the lower time frame. Um so, you’d basically go on the one the 1-minute chart, and then uh but it’d be reading off the 15. There’s a couple other things. I’m not I’m not get into it, but anything so basically people are like, well then how do you filter out? So kind of like I do that. If I get halfway decent results here, then you got to
Go in, see all these alerts. These are all different alerts that I have made. Because what happens is you want to then test Look at all these. Come on. Look at all these things. This is everything I’ve tested in different markets and whatnot. So then what happens is you basically want to make See these sim accounts? You want to make more sim accounts. So I run Ninja on my laptop. So that’s why there’s only one sim account here. On my laptop
I have about 20 live accounts at any given time that I am forward testing strategies. And that’s the only way you can see if it’s real. This is BS. What you got to do is you take this, you do this, and then you add an alert. Right? And then what happens is you create this alert, you got a webhook, and then the message. And basically see how this goes to uh I would I would fill this with whatever. So then I’ll
Just give you a real one. So see this one goes to my account sim NQ orbs. That This account is inside my NinjaTrader. And basically it will take the trades. They’ll take these trades. And what do you know? These trades are different in the live environment than they are being shown in this backtester. Happens all the time. This backtester shows good results. However, I mean this is just something I just brought up. But it will show good results and you’ll be
All happy. And listen, I’m not saying to throw it out, but like just know that if they’re showing you this, it’s going to be different in a live environment. But you may go, “But but but but but it’s on here. It’s on here. It shows it on the chart.” I’m telling you it’s going to be different. I promise you it’s going to be different. The results you see here are not the results that you’re going to get in the live environment.
It’s just the way it is. It’s just the way the back tester is made. I’m also making these things in I’m using Claude. I’m using chat GPT. I’m using you know, AI to make all different strategies. Uh I basically download the data and I’ll I’ll do the strategies in there. And then even when I take those strategies and set it live inside Ninja, I still get different stuff. So, the only true way to do these is plug it into Ninja Trader,
Is set the alerts here, plug the alerts and have it auto trade inside Ninja Trader and then you’ll see what’s really happening. I will say nine times out of 10, uh strategies that people are telling you are not going to be good. And that’s just what it is. Every once in a while, you’ll get one that’s not great. Also, if you can, you could turn like I could turn this script into a Ninja Trader script. And then what you do is
Um you go here and you’ll go into strategy uh the strategy analyzer. And then what you do is instead of back test, you go to optimize. And then you could change stuff. And then even after this changes stuff, you optimize it for you, you still have to run it in the live environment because even that will will change. You know, it’s just it’s just how it is. And I’m just keeping it as real as possible. And people go like, “Yeah, no.
No. My strategy is good.” I’m telling you unless you forward test it for a while, you’re not going to get real real results. And I’m just being honest. Like I you know, I could just lie to you like everybody else, but So, this is how I do it. I filter out bad strategies here. If it’s going to be negative here, the odds are it’s going to be negative, right? So, then if it’s positive here, I’ll create webhooks in here as you
Can see. And then it’ll auto trade on Ninja in the strategy area. And then I’ll see what really happens after two or three weeks. And two or three weeks is not a big data set. But if it sucks after two or three weeks, you just it’s going to probably be awful. But if it’s halfway decent two or three weeks, I’ll let it just keep running until I get to about six weeks. And then if it’s still good, I’ll say, “Okay, now
It’s time to go in the live environment.” And I’ll push it to like a real money account. I’m just being honest with you. It it’s just there’s so many that look look promising and they’re not. And you know, I’m just trying to save your money because what’s going to happen is you’re going to follow somebody’s strategy because they showed you Also, 30 days of data is crap. You want to back this up to 365. Something like this. Obviously, the strategy might
Work with with the setting that I have on it will not work. You know, you want to see a year’s worth of data. If they’re not showing you a year’s worth of data, it’s probably crap. So, I’m just trying to save you guys money and tell you how I do it. I basically put it in here. I look at a year’s worth of data. After a year’s worth of data, if it’s still good, I then plug it into NinjaTrader. I will
I’ll I’ll do it live here where it goes from the webhook, auto trades in NinjaTrader. After another six weeks or so, if it’s still good, I’ll go live with it. Um and that’s it. If they’re not showing you a year’s worth of data, just screw it. You know, unless they’re just showing you like you know, I got stuff like uh I’ll just you know, levels here. I got like a levels indicator like there is no uh there is no strategy. It’s
Just showing you levels on the screen. See, I got this daily open. The level thing is awesome. Shows you all of this. IVGs, breakers, whatever you want. Um, but if you’re back testing a strategy, you want to see a year’s worth of data, and then you want to see it in a live environment cuz a lot of times the back testers are not right. So, I hope I didn’t I just wanted to like really drill this down so you guys stop
Losing money on this cuz a lot of people like, “Oh, so-and-so showed me a strategy. It was good. And now I’m losing money.” It’s because they did it on the back tester and they never ran it live. And it’s not good. So, just try to help everybody out. Smash the like button.
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