Feature Requests

Assume a $10 wide debit spread is opened for $1. Its Maximum Profit would be $900 = (($10 - $1) * 100). Now further assume that at some time before expiration, the position can be closed for a profit of $895. That's 99% of its potential Maximum Profit. Does not make much sense to keep the position open, hoping to capture the remaining $5 of potential profit while risking $895! So... I suggest implementing an Exit instruction that can be set to trigger when a position or leg group achieves NN% of its Maximum Profit.

I've dreaming of another test result metric : Return on Margin %, trade by trade (column in the trade log report) and aggregated (which would require adding margin when two trades are overlapping). There would be two option for aggregation : either take the max margin (proxy for capital employed) over the entire period, or weighted average

We currently can select child strikes on the basis of 'points offset' (+ or -) .... the parent strike is selected based on delta (or dollar offset from [something]), and then OO selects the child strike by calculation. I would like the opportunity to select the child strike by 'dollar offset' (+ or -) .... in which case the parent strike is as usual selected based on delta (or dollar or offset from [something]), and then OO would select the child strike based on price difference. Example:- sell a 5 DTE 20 delta put- buy a [50 cents cheaper] put, 7 DTE There is no hack to do this currently. I have manually tested the concept, with what looks to be promising results ... This would probably come shortly after MEIC-style spread premium entries, I guess/hope �

Have the possibility to add a minimum distance to ATM on short legs.

Percentage and points

So this is easier to find.

Allow better control for DTE selection Currently it's almost impossible to test LEAP options because trades are skipped unnecessary. Suggested improvements: allow to specify margin of error (in days) when picking DTE allow to specify if longer or shorter DTEs are preferred

Currently Strike Offset supports: Current Price, Current Day's Open, Previous Day's Close, Previous Week's Close, and Current Week's Open. Being able to use these variables in context of "Use Gaps" would be very beneficial such as- "Min/Max Gap [from <input variable>]" thresholds. 'Min Gap from Weekly Open' -2% etc. If we can use/re-use these anchor points within a Gap Filter option, this will allow us to setup potential mean-reversion plays and knowledge of which side of the input variable we are on. Example: If I had an assumption that we will come back to weekly open, the current context doesn't allow the test to know if it's above or below one of those anchor points, so you don't know if you should be on the Put/Call sides. This would help segway towards weekly expected move plays and mean reversion on outlier moves. Many ideas surrounding how this could influence certain positioning mechanically and compliment the usage of those strike offsets currently available today. I believe this should just be re-using an input that already exists in the table with a simple calc for runtime (hopefully)? Thanks!

Currently, a profit action is triggered at a user input profit target, and the Stop Loss adjustment is made relative to whatever the "top of minute" price is. For example: Initial trade credit = $10 At profit target of 50% (ie. $5), adjust the SL to 100% First data point exceeding 50% PT is $2 Stop loss is adjusted to $4 User is expecting the stop loss to be adjusted to $10 (100% of $5) In this case, the trade will now be stopped out at $4, not 10$.

Allow to specify "working time" for PT / SL orders For trading longer DTE strategies it is very common to check trade status only once a day, typically at hours when market is calmer. Even for Aug05 volmagedon experienced traders wouldn't close positions right at the market open, they would wait at least 15-30 minutes before applying "mental" stop loss, some would even wait for end of trading day.