Modeling Prop Firm Trailing Drawdown in Pine Script (So Your Backtest Stops Lying)
📰 Dev.to · Tyler Francis
Learn to model prop firm trailing drawdown in Pine Script to improve backtest accuracy for futures trading strategies
Action Steps
- Write a Pine Script to calculate trailing drawdown
- Integrate the trailing drawdown model into your TradingView strategy
- Backtest your strategy using the modeled trailing drawdown
- Compare the results with and without the trailing drawdown model
- Refine your strategy based on the insights gained from the backtest
Who Needs to Know This
Quantitative traders and strategy developers working with prop firm accounts can benefit from this knowledge to refine their backtesting and improve strategy performance
Key Insight
💡 Modeling trailing drawdown in Pine Script can help prevent backtests from lying about strategy performance
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Improve your TradingView backtests with a trailing drawdown model in Pine Script 🚀
Key Takeaways
Learn to model prop firm trailing drawdown in Pine Script to improve backtest accuracy for futures trading strategies
Full Article
If you write TradingView strategies for futures prop firm accounts (Apex, Topstep, MyFundedFutures),...
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