0DTE
Backtest your ideas with the all new 0DTE Backtester!
Backtest, compare and combine 0DTE and next day trading opportunities with 1 minute historical data.
- Generate a bot to trade your strategy automatically directly from a backtest
- Compare and combine backtests results
- Share backtests publicly outside of Option Alpha
- Full transparency including position filtering and exit reasons
- Flexible entry and exit criteria including indicators, price range, profit taking, touch and more
- Monthly P/L and stats breakdown
Bots
Updated Smart Pricing options to improve trade fill prices
- Combine multiple Final Price options to automatically choose the best option available in that moment
- Allow slippage based on typically live trading slippage for the selected symbol
- Automatically defend against wide bid/ask spreads by combining % of bid/ask with slippage from the mid price
New Exit Option to test for position "touch"
Automatically close challenged positions before or after they go in-the-money.
- Use a fixed $ amount or % of underlying price
- Use a negative value to close the position when it is ITM a specific amount
Additional updates worth mentioning...
- Clone older template versions in the community
- Use a custom time for repeating and date scheduled automations
- Automatic check for conflicting legs in the same brokerage account
- Positions stuck in an error state automatically time out in 15 minutes
- Decision option to check for Nonfarm Payroll dates
- Added "Symbol" filter to position loop action
- Easy to read display of position and opportunity legs
- Added scheduled time to bot automations list
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