Backtesting
I’m looking for software that:
– is free or cheap (and, of course, very good 🙂 )
– allows backtesting
– doesn’t require me to become a programmer
R. (hello!) recommended Amibroker awhile ago, but I don’t know AFL and don’t see myself learning this programming language any time soon. Though I appreciate Amibroker for its other features.
At the moment, I want this simple test:
buy or short a stock on a specific date + get a daily P&L report, to see the maximum drawdown.
Very simple, really.
Thank you in advance!!
Phanta, you don’t have to learn AFL or something, just invest your time for creating your own trading system, wich can base on several indicators. Other software costs about 500-1000 greenbucks and can using also its own internal language for building the custom indicators.
Btw, you can search their forums or other net resourses for downloading Amibroker’s trading systems.
Do use emule and/or bittorrents.
R.,
I searched in Amibroker’s forums, found some pre-made scripts but they’re too much.
I need something simple, as described in this post. Do you know how to do it with Amibroker or with anything else?
What are you trading exactly, index etfs only?
Yes, only trading ETFs now. Why?
I really liked that trade where you short 2 opposite triple ETFs (the same amount). It worked excellent the first time.
I want to see what the maximum drawdown is with that trade, because I’ve got a feeling it’s not as perfect as it seems. I did some manual testing but only as far back as 3 weeks; the results were suspicious and not at all positive.
Phanta, what are your conditions or specific date, exactly, for buying or selling a stock?
Just describe me those triggers and we’ll call it your trade system :]
After that we’ll run AmiBroker.
Phanta, i’ve got something for you!
This is it: http://www.stockfetcher.com
Just take a look, how that software is using casual and verbal language
to build screening filters. This is made exactly for you :)))
For example, let’s describe BreakOut’s filter:
“Show stocks where close is approaching a new 60 days high
and high is below 60 day high
and close is above open
and close is between 10 and 150
and Average Volume(30) is above 250000
and Volume has been increasing for the last 2 days”
What do you think?
Is this your cup of tea?
R.,
it’s perfect!!!
~ Thank you 😀 ~
Can I send you an email with exact parameters I wanted to backtest? Maybe that can be done in Amibroker, not sure.
But StockFetcher goes straight into my “Go to” bookmarks! Amazing, so easy to use.
Phantasmix, you are welcome!