Backtest and refine trading strategies

 


Backtesting is an important aspect of developing a trading system.

Innovative features


Save charts for all your favorite symbols, technical indicators, and timescales for easy retrieval next time. Screen for recognized patterns such as a Hanging Man or create reusable blocks of custom criteria.

Easily build complex custom criteria with point-and-click or touch-and-click. No application code to learn. Fast response times with on-the-fly calculations. Create a custom Strategy.

You can also start with one of our Screening examples which can be easily converted to Strategies. Create a custom screen. Create a custom chart. Create a custom pattern. Sign in View pricing. Backtesting Backtest screen criteria and trading strategies across a range of dates. Backtest your trading strategies. Portfolio size can be specified along with other parameters during strategy creation.

Also, if some stocks in the virtual portfolio conform to exit criteria, stop loss, or take profit condition, the corresponding position will be closed. Users can specify the criteria for closing positions. In this case, stocks that were purchased earlier are sold and will be reflected in simulated trades.

The position is then closed which allows for vacancies in the portfolio. The trading simulator takes several seconds to perform the analysis. Testing results and a list of executed virtual trades are displayed on the backtesting report page.

However, I have a different opinion. I think that despite all the difficulties, you must backtest your strategies. Simply because there is no other alternative to developing new trading strategies. Possibly the strongest predictor of long-term trading success is how you recover and learn from losses. After a few wins it is easy to forget what a losing streak is like. Big losing trades are horrible.

They scramble your brain, make you nervous and angry. In this condition it is easy to make mistakes that lead to a bigger loss. When a boxer loses a fight he goes back into the gym and starts training again. He talks to his coach, works on his defense and speeds up his jab. When I take a big loss, I go back to my backtest. Every strategy that I trade has been tested many different times. But after a big loss I want to know how this fits in to the historical record. I want to check that I have not missed some crucial information.