Should back testing be so hard to do, I find myself running through a set of rules for each trade opportunity I find, I’ll do a bunch that way then I need to tweak my rules and have to go back over the ones I’ve done already, is there an easier way this is very time consuming.
Jordan A. Reynolds
No pain no gain!
Or you could program it and backtest it with MT4.
There is no easier way.
If you are good in programming you could program and make the program give you data which can help with the tweaking, but then it adds the complexity of programming, bugtesting, retesting and so on, and if one is not good at programming its just more of a headache.
I have literally spent weeks tweaking a single system only to throw it away. But all the work (over a year worth of it) paid off when a system did come through.And of course another one is on testing.
I feel your pain, currently trying something out. trying to model it in Excel as its fairly simple in theory.
I’ve done all my backtesting in Excel. Depending on the complexity of your system, it might require some programming.
It may be difficult to do, but I strongly recommend this process. The understanding you gain is invaluable and gives you the confidence to stick to your system.
Hi,
What do you recommend to backtest a trading system?
I’m looking for something that’s user friendly… MT4 perhaps?
Are there any good resources for backtesting?