Recent content by Pro_Trader720

https://youtu.be/NLyvKewqPSA

NinjaTrader has a "Strategy Wizard" that will allow you to create your strategies without any programming. You just enter the conditions you want and it creates the code for you.

Save time from inputting all the data in Excel. What are you looking for? You asked how to backtest without learning to code. You don't want a program such as this to help you manually backtest the "strategy". You don't want to learn to code so you cannot use the trading platforms created for...

It does not figure out your system. You place your orders on the chart and it will match trades and generate a performance summary and graphs. So it basically eliminates the need to do any data entry or calculations in Excel.

Are you looking for something like this? http://www.freeindicators.com/ninjatrader/premium-ninjatrader-indicators/ninjatrader-backtesting-software/

The attached file should work with Excel 2003.

This spread sheet should help.

Here's my best. Still a work in progress though!

I've always found it difficult to quantify "Momentum" versus "Mean Reversion" strategies. The best strategy I've traded took mean reversion entries in anticipation of strong momentum to follow. So I was trying to trade both "Mean Reversion" and "Momentum". How do you quantify between these...

NinjaTrader does offer tick by tick backtesting. You just have to build the strategy so that it will operate properly on a 1 tick chart.

Ha, so they do. I did not even have a chance to look at the overnight data before I posted.

Market should keep going up from here. Historical patterns suggest the market could hit the 1210 area in the next 10 or so days.

Pattern Recognition Indicator This indicator does a lot more than a typical RSI, MACD, etc. It basically generates backtesting statistics for every pattern that forms.

Agreed!