orenoDocs

Forward tracking

A backtest can be tuned to look good on the past. A forward track can't — it only starts once a strategy is public.

When a track starts and ends

  • A track opens for the current version of a public strategy, starting at the first daily close on or after the later of its publish time and the version's creation.
  • Saving a new version, or making the strategy private, ends the current track. A new version that is public gets its own track.
  • Ended tracks stay visible on the strategy's public page as earlier versions.

How it's computed

An hourly job re-runs each open track from its start day to the latest close, with the same engine and costs as backtests, and stores one row per trading day: value, amount put in, and the time-weighted index. Summary figures — return, max drawdown, value — come from those rows.

Because every track is recomputed from its start with fixed rules and the stored on-chain closes, nobody can choose a flattering start date or edit the history.

How it's labelled

Forward results are shown as Forward · paper, since [date]. They're simulations, not live trading, and they're never combined with backtested numbers.

Oreno is software for researching, simulating and managing investment strategies. It is not investment advice. Backtested and paper results are hypothetical.