How accurate are range bars

Created at 23 Oct 2023, 22:43
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acrigney

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Joined 25.05.2017

How accurate are range bars
23 Oct 2023, 22:43

Guys my bots are doing incredibly well on backtesting with 5 pip range bars but on live, it seems to have got many of the trades wrong. Any tips for me? Should I increase the pip range?

@acrigney
Replies

firemyst
26 Oct 2023, 01:02

Run it on Demo, see how the trades are playing out, and re-evaluate your strategy. 

 

Also make sure when running the test simulator that you're using tick data rather than M1 bar data

@firemyst

acrigney
26 Oct 2023, 01:06

RE: How accurate are range bars

Yes I am doing that, on live demo the trades didn't match the backtest trades. And on range bars you backtest with the range bars you are using, its in the drop down, I didn't know that before either.

firemyst said: 

Run it on Demo, see how the trades are playing out, and re-evaluate your strategy. 

 

Also make sure when running the test simulator that you're using tick data rather than M1 bar data

 

@acrigney
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