About this template
A new bot from the backtester...
This is my first original bot template post, so any and all feedback is welcome. I'm sure others out there have seen this or something similar. Earlier this year, I stumbled upon a MSFT SPS backtest in the OA backtester, and I decided to create a bot from it. Most of the work that I put into it, is in the "75%|50%|10% Profit SPS Manager Bid/Ask Cascade" monitor automation. I found that this grabs the profits quite efficiently and reduces the risk from leaving the trade in the market. I have a few other versions running with a trailing stop at various profit targets and pullbacks to find a sweet spot. They are still in testing, though have shown promise of being superior. This one has almost reached statistical significance in paper trade testing (right at 80 trades...still shy of 100), though has been running >6 months now and shown consistent results. Please clone, comment, enjoy, and provide feedback!
...understood it is only a 3 year backtest...Here are the preliminary results from paper trading since March 6th, 2023:
Just hope that it does not do this when you first switch it on...what are the odds?!?!
More data from paper trading "Analyze Results"
Note: MSFT is bullish this year and thus this bot has been profitable. This would not be the case if MSFT were to take a downturn, in such case you need to flip the "off" switch.
I am glad I can finally give back to the community that has given me so much! Please use this bot and make lots of $$ and tell me about it, because I have not begun running it live yet.