Hi, whenever I backtest on Nifty bees the target hitting on opening price of day candle. but in reality unable to execute order at open price for any ETF, so is there any possibility to get results by eleminating open price alone ?
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For some reason NSE data has lots of garbage. BSE is cleaner - atleast in Tradingview, can try that perhaps
Hi @Mohamed_Nayeem1,
The backtest assumes the Entry price to be the Open price of the next candle by default. In live market, the execution depends upon the exchange orderbook and the order type you select. The difference is the slippage, which you need to consider while creating a strategy. Also, in illiquid counters, slippage will be high. We would soon be adding a setting for considering Slippage percentage as well