determine which combination would work on all the past 2 years of FOMC releases.
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Why would you want to test all the possible combinations on all these days manually? You have a computer in front of you that is capable of doing millions of boring calculations with great precision in fractions of a second and is only awaiting your instructions, haven't you? Why would you want do such a time consuming, error-prone, tedious and repetitive task by hand if you have such a powerful tool that can be instructed to do it for you?
Why would you want to test all the possible combinations on all these days manually? You have a computer in front of you that is capable of doing millions of boring calculations with great precision in fractions of a second and is only awaiting your instructions, haven't you? Why would you want do such a time consuming, error-prone, tedious and repetitive task by hand if you have such a powerful tool that can be instructed to do it for you?
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What tool should be used ? MT4 ? Ninja trader ? Mathlab ?
In my experience, MT4 is quite slow for backtesting.
Why would you want to test all the possible combinations on all these days manually? You have a computer in front of you that is capable of doing millions of boring calculations with great precision in fractions of a second and is only awaiting your instructions, haven't you? Why would you want do such a time consuming, error-prone, tedious and repetitive task by hand if you have such a powerful tool that can be instructed to do it for you?
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I really won't be testing millions of calculations, but only about 4 to 6. When a trade goes bad, I wonder what I could have done differently to have it go to profit instead of loss. The FOMC is just one of the "ReDoos" I would like. There is no way to write an EA just for situations like that.
What tool should be used ? MT4 ? Ninja trader ? Mathlab ?
In my experience, MT4 is quite slow for backtesting.
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Yes, MT4 IS slow for backtesting, but the point again was I am not testing millions of combinations, and there is no EA here to be tested. It is just "What If Studies". Manual, Virtual trading with variable speed forward ticks seems only logical.
What tool should be used ? MT4 ? Ninja trader ? Mathlab ?
In my experience, MT4 is quite slow for backtesting.
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With "tool" I meant the machine itself sitting there on the desktop and waiting for something to do.
It does not need MT4 or NinjaTrader or some other trading software to make it do something. All it needs to instruct a computer what to do is a programming language and there are many to chose from for any taste and preference and all of them are free.
With situations like the FOMC yesterday that cased me great chest pains I would like to know if there is a platform capable of manually backtesting certain trades.
Here is what I propose....
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If i get you, you want to simulate live trading with past data.
Have you taken a look at vhands ?
I have not heard of Vhands, but will google it. I have found one program which looks promising and I am using a demo with it this week. It is called Forex Tester 2. Found at www.forextester.com. Thanks for the Vhands recommendation.
