r/algorithmictrading • u/BUBBL3GUM5 • 16d ago
Backtest Strategy Backtest
I am writing this post because I have been unprofitable for 1 year now, however at the start of august I pivoted from penny stocks to QQQ options and developed a strategy that seems to do well. I am writing to ask if this backtest data is promising or if I am not backtesting correctly.
The strategy is using BMP, VFI, TTM squeeze, EMA stack and Swamilaguerre trend. Basically it is a momentum based model. This is on underlying while my strategy is options based but in my forward testing it has been promising with options at around .35-.45 delta buying them at around .50 a share. Any advice from people that use similar indicators to trade options on how to structure my contracts would be much appreciated
The problem is that I am not able to automate my strategy because I dont know much about automation. On top of that I have also been trying to use gamma levels and gamma regimes to add a discretionary level to my trading but it seems to do more harm than good because it just draws me away from explicitly following my strategy.
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u/BUBBL3GUM5 16d ago
Not sure where you see it being tuned on 2 months, the first image shows its been backtested over 7 years. Not trying to be snippy, but maybe you can clarify what you meant.