tickrivoGUIDE
Backtesting means trying a trading idea on historical markets without knowing the outcome. This guide walks you through setting up a first Tickrivo session, replaying it and reading the result properly.
Backtesting is testing a trading approach on historical market data. There are two ways: software runs written rules automatically, or you advance the chart step by step and make the decisions yourself.
Tickrivo does the second. You advance candles and set entry, stop and target without knowing the outcome, so you test not only the idea but also how well you apply it. No real order is sent; everything is a simulation.
“Is this strategy good?” is too broad. Start narrower: “Do I enter before my entry condition appears?” or “Why do I exit before the target?”
Put the question in the session name. In your saved sessions it reminds you what you were testing.
In the Backtest Lab choose a Standard session. The wizard asks for a session name, starting balance and risk per trade, then you pick the market and date. The list includes forex pairs, gold and silver, index and oil CFDs, six CME futures contracts and crypto perpetual pairs.
See markets and data for details.
Write your plan before you open the next candle. In the order panel choose Long or Short and enter entry, stop and target. Based on your risk percentage, the panel shows the position size, the price risk at the stop and the net result at target before you open the trade.
You can also draw a Long/Short risk-reward area on the chart and send it to the order draft. One important rule: once a trade has started, jumping to the past is locked. You cannot change an entry after seeing the result, so the practice stays honest.
The panel is covered in trade and risk panel.
Use play and pause or step one candle at a time; you control the speed. You can go to a date or candle, leave a bookmark and jump to the London and New York 08:00 session opens.
To see direction on a higher timeframe and entry on a lower one together, open a multi-chart layout with 2, 3 or 4 panels. If you want to decide purely from the chart, blind practice hides date and pair labels.
Record not only the result but the reason: why did you enter, did you follow the plan, why did you exit? Add tags and keep before and after screenshots per trade.
The trading journal guide explains how to keep it.
When the session ends, compare the reasons in your journal with the results. Then look at R per trade, drawdown periods and strategy comparison in Performance. RivoScope derives plan adherence from your records.
One session decides nothing about a strategy. Test the same rule across different periods and several sessions, and read results together with the cost and fill assumptions. Why live trades can differ is covered in backtest vs live trading. For the analysis tools see performance analytics.
Ready? Set up your first session, or see How it works.
No. In Tickrivo you backtest manually: you advance the chart and enter entry, stop and target in the order panel. No coding is needed; only an optional, limited Pine Script subset exists for your own indicators.
No. Past results do not guarantee future results. Data coverage, cost assumptions, the period you chose and the number of trades all affect the outcome. Testing the same rule across periods and several sessions gives a sturdier picture.
Session setup lists forex pairs, gold and silver, index and oil CFDs, six CME futures contracts and crypto USDT perpetual pairs. Not every symbol has data for every date; check your date range when you set up the session.
In automated testing software runs written rules over all history. In manual testing you advance the candles and make the decisions yourself, so it measures how well you apply the rule as much as the rule itself. Tickrivo uses the manual approach.
There is no single number for everyone. A result from a few trades can be chance; repeat your rule across several sessions and periods and compare.
Practical guides to your first backtest, trading journal and challenge practice.
Pick a market, set a rule and decide before the next candle. Then review what you learned.
Sign up with Google or email. No real orders are placed.
Set up your first session