Last updated
Last updated
While the Pro Trader calculates assuming all trends are traded end-to-end, the Pro Tester allows users to backtest strategies that include , , , and settings for more realistic profit estimates.
The backtester built into the Pro Trader calculates profitability based on an order size of one contract per trade (e.g. 1 BTC or 1 ETH per trade). In comparison, the Pro Tester can calculate profitability based on orders of a fixed amount of contracts, base currency, or a percentage of account equity. Trade accounts can be further emulated by specifying account size, pyramiding settings, commission fees, and the required margin to execute long or short trades. These account emulation features will be reflected in profitability calculations for increased realism.
Unlike the Pro Trader, the Pro Tester allows users to backtest a specific date range using the Deep Backtesting feature. A TradingView Premium subscription is required to utilize this functionality. In comparison, the Pro Trader allows users to backtest a set number of trends but not specify a date range. The setting in the section determines the number of trends included in the backtest data. You can find more details on this in the section.
Pro Tester data is based on confirmed candles as TradingView does not allow backtesting of data within candles. Consequently, backtest results obtained using the Pro Tester will differ from Pro Trader data based on real-time . You can read more about how the Pro Trader backtests in the section.
The Pro Tester provides more detailed backtest data than the Pro Trader facilitating deeper analysis and strategy optimization.
The Trades on Chart feature displays backtested trades, including position sizes, in the chart. Below order quantities are displayed as a number of contracts.
Details of individual trades are also displayed on the List of Trades Tab.
The Overview Tab provides a graphical representation of the Equity, Drawdown, and Buy & Hold Equity across the backtested period.
The Performance Summary Tab provides detailed information on strategy performance for analysis and optimization.
The Open Position Profit Panel displays the profit or loss of open positions.
See our dedicated for further details on advanced backtesting.
The Lendal Pro Tester extends the built-in backtesting features of the Pro Trader by including risk management and trade account emulation for more realistic profit estimates.
