As per the title… I have no idea what this MC test does and I can’t find any documentation. Can someone please enlighten me.
Aso, it would be great when you guys add new features to update your documentation to include them: https://strategyquant.com/doc/strategyquant/monte-carlo-retest-methods/
this applies to placing stop orders. The test emulates various minimum distances of a stop order from current market price. What is it needed?
Some brokers define min distance in pips for stop order from current market price that a trader needs to respect when placing a stop order
Lets say min distance defined by the broker is 5 pips. All orders placed 4, 3, 2 or 1 tick from the current market price will be rejected by the broker. The test allows you to check whether the strategy will remain profitable if the min stop distance is increased … for example if you need to move your strategy to another broker that uses a higher value for min stop distance
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