Backtesting daytrading strategies

[bwolinsky]

But certainly don't expect any support from NT when you try to figure out how to write your strategy. If it's advanced enough, they won't be able to help, and will point you to their "3rd party programmers" that don't take responsibility for their own code.

 

[darnelds]

Sierra Chart

 

[bwolinsky]

Quote from lindq:

That comment shows how completely uninformed you are.

InvestRT at www.linnsoft.com has been backtesting in every timeframe with portfiolios, for years. It makes WealthLab look like a Commodore 64 application from 1981.

Far more advanced and flexible. And you don't need to committ to some lame brokerage to use it.

Trust my judgement. I have a lot of experience with both platforms.

Well, it shows how unknown they are, since I've never heard of them. I'm not about to pay monthly fees plus data fees for it.

The BTICK BVOL indicators would enable VWAP.

 

[Rodney King]

Quote from molite:

There is one unbelievable drawback to TS and Ninja and many others. THEY ONLY BACKTEST ONE STOCK AT A TIME and you have to manually combine the results

I wonder if you've looked at RINA's new product, PortfolioMaestro?

http://www.rinafinancial.com/PortfolioMaestro.asp

"Automated environment to backtest multiple strategies on a large volume of symbols across a range of strategy inputs..."

 

[snake]

What about Stockfinder from Worden? How does it compare to all the others mentioned in this thread?

Thanks

 

[pollock]

you guys seem to have pretty hands-on experience with Amibroker.


If I have my own data and use only for backtesting (not RT), will TradersStudio be better to use than Amibroker?

thanks!

 

[Spunky]

That subject has been hashed alot on et. Do a "TradersStudio and Amibroker" search and read all about it.

 

[Bootsie]

Quote from katiewc:

can someone pls let me know what software is good for backtesting intraday stock trading strategies? Ninjatrader any good? anything else? thx in advance

DTN

 

[dmabe]

Ninja is good for futures trading and if you want to trade a specific basket of stocks. If you want to trade a specific setup across the entire market then take a look at Trade-Ideas. There's no other scanner out there that lets you look at this data across the market in real time.

No coding required and their "Odds Maker" backtester is lightning fast.

http://www.trade-ideas.com/OddsMaker/

 

[tickzoom]

If anyone else knows of cheap easy to use software for back testing simple strategies that does
“portfolio testing” against a large basket of stocks and will accept multiple data sources
or imported data please chime in.
It is also important that the software be able to auto trade the Strategy once it is perfected.

Wow. That describes what professional traders and hedge funds routinely call "Nirvana" and did you say "cheap"? That combination is truly a deadly weapon to profit seriously from the markets. So usually those that have it never offer it publicly. And those that do offer that functionality publicly are very pricey and/or picky about who gets access.

tickzoom, for example, is currently closed to new members.

Wayne