My first post. A little introduction, and a wish to find out how to backtest.

Quote from silvermotion:

Hello and welcome

I will give you a very good advice about backtesting and tweaking your system based on the data you have available.

beware of 'death by tweakage'', This means that you will most likely be tempted to overparametrize your system so it performs the best possible way. Everyone do this at 1st and what will happen is as soon as the market conditions will change even by the slightiest bit, your system will fail horribly.

The secret in my opinion is to watch for convergence of data.

If you backtest and tweak a strategy on a index future (the sp500 mini futures are very popular), make damn sure that whatever indicator that improves your result on this one will also have a similar effect on another index future (the dow jones or nasdaq, etc)

unless your data converges, its not reliable, and you will lose money and be dissapointed, 2 of the worst enemies in trading.
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Sounds like very good advice! Thank you.
Convergence will be in the back of my head when I start testing. But, AmiBroker or Tradersstudio. Is there much that separates these two? (Will check out the thread with reviews of programs one more time too)

I am not a programmer. But I am willing to learn whatever is necessary. Wondering what others think is best.
 
Quote from arralou:

I think trading blox is a bit too expensive for me, but Tradersstudio seems interesting! :) Will have to look into tradersstudio too before I decide. Thank you.
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If you want you can PM me any questions you have I will be happy to answer them. I think TradersStudio is your best choice.
Please look at our overview on the site.

http://www.tradersstudio.com/Overview/tabid/68/Default.aspx

We also have a introductory video available here.

http://www.tradersstudio.com/Tutorials/Videos/tabid/167/Default.aspx

If you register on the TradersStudio.com site. You can download our manuals and on line language reference the Documents page by logging into our web site. Registering on the site is free

http://www.tradersstudio.com/Documents/tabid/162/Default.aspx

Note you need to use this link after logging into the web site or after logging in use the documents menu item.

This should all help you with your decision.
 
Quote from Murray Ruggiero:

If you want you can PM me any questions you have I will be happy to answer them. I think TradersStudio is your best choice.
Please look at our overview on the site.

http://www.tradersstudio.com/Overview/tabid/68/Default.aspx

We also have a introductory video available here.

http://www.tradersstudio.com/Tutorials/Videos/tabid/167/Default.aspx

If you register on the TradersStudio.com site. You can download our manuals and on line language reference the Documents page by logging into our web site. Registering on the site is free

http://www.tradersstudio.com/Documents/tabid/162/Default.aspx

Note you need to use this link after logging into the web site or after logging in use the documents menu item.

This should all help you with your decision.
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Thank you! Program seems great. But where do I get the historical data and daily quotes for Norwegian stocks? Amibroker is quite easy to use with yahoo.
I don't have that many questions at the moment, just want to make sure the practical things (like historical data) is in place before I buy something.
Lots of questions will probably arise as soon as I start to try and backtest. :)
 
Quote from arralou:

Thank you! Program seems great. But where do I get the historical data and daily quotes for Norwegian stocks? Amibroker is quite easy to use with yahoo.
I don't have that many questions at the moment, just want to make sure the practical things (like historical data) is in place before I buy something.
Lots of questions will probably arise as soon as I start to try and backtest. :)
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I looked up and found a few links which will be helpful for you to get the international data from Yahoo into TradersStudio

http://www.gummy-stuff.org/Yahoo-data.htm
http://www.dailysofts.com/program/359/22618/Stock_Updater.html

http://www.freedownloadmanager.org/downloads/HQuote_Pro_Historical_Stock_Prices_Downloader_28642_p/

Note , I have no connection to any of these products but I search google for you and I think these will address your issues. I hope you decide to try TradersStudio and join our growing family soon.
 
Quote from Murray Ruggiero:

I looked up and found a few links which will be helpful for you to get the international data from Yahoo into TradersStudio

http://www.gummy-stuff.org/Yahoo-data.htm
http://www.dailysofts.com/program/359/22618/Stock_Updater.html

http://www.freedownloadmanager.org/downloads/HQuote_Pro_Historical_Stock_Prices_Downloader_28642_p/

Note , I have no connection to any of these products but I search google for you and I think these will address your issues. I hope you decide to try TradersStudio and join our growing family soon.
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Thanks again :)
I see that from yahoo I can download the files as .csv and from my broker I can download quotefiles as .xls. Are these importable into your program?

I will try to search a bit on the internet too.
 
Quote from arralou:

Thanks again :)
I see that from yahoo I can download the files as .csv and from my broker I can download quotefiles as .xls. Are these importable into your program?

I will try to search a bit on the internet too.
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CSV files will work great. XLS files need to be saved as CSV from excel.
 
Quote from Murray Ruggiero:

CSV files will work great. XLS files need to be saved as CSV from excel.
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Ok. Another silly question: won't all of it be messed up since things like close, opening, volume and so on is in Norwegian? Of course I could change it manually too.
 
So , prices are in your currency is that the point ?. If you sent up the data universe correctly it should not matter.
 
I'll start with a question...

Have you ever worked hard on becoming good at the previous set of "styles" you were trading based on?

You mention Elliott or Gann... let me test you how well you know both of them...

"In terms of Fib. ratio and Gann Angles, what is the gnomonic basis common in both techniques? Which Gann Master chart is this related to?"

My point is... how committed are you to systematic trading? Can you endure 3 years losing money, as part of your learning curve?
 
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