Hello fellow warriors,
can anyone tell me what is the best platform to use for strategy testing that is reasonably complex. Let me give you an example....lets say I wanted to test a strategy that says to buy 4 pips above the high of 1:30-2 pm, or low below the lowest point for that half an hour. Now I want to test 2 entry points, 4 pips and 6 pips. then stop loss: I want to test 2 different stop loss points, 20 pips, or 4 pips bellow the lowest point from 1:30 to 2(if long, for short it would be 4 pips above the highest point). now if i enter long, the short limit entry would be cancelled. for profit taking exits, I want to test 3 different exits: either 10 pips, 15 pips profit or 50% at 15 pips profit, rest with 5 pips trailing stop loss. I want the software to use these different combinations and give me the accuracy, lwest drawdown, returns etc for all combinations. I understand everyone is busy so I am not looking for the whole code from someone(although if you would, I will marry you
). which platform do you think is best for this type of testing? I am willing to spend upto $2000 for the platform. I currently use metatrader, but does it allow me to do this type of testing? I just want to make sure before i spend a lot of time learning the coding langugage.
Thanks.
Zalak
can anyone tell me what is the best platform to use for strategy testing that is reasonably complex. Let me give you an example....lets say I wanted to test a strategy that says to buy 4 pips above the high of 1:30-2 pm, or low below the lowest point for that half an hour. Now I want to test 2 entry points, 4 pips and 6 pips. then stop loss: I want to test 2 different stop loss points, 20 pips, or 4 pips bellow the lowest point from 1:30 to 2(if long, for short it would be 4 pips above the highest point). now if i enter long, the short limit entry would be cancelled. for profit taking exits, I want to test 3 different exits: either 10 pips, 15 pips profit or 50% at 15 pips profit, rest with 5 pips trailing stop loss. I want the software to use these different combinations and give me the accuracy, lwest drawdown, returns etc for all combinations. I understand everyone is busy so I am not looking for the whole code from someone(although if you would, I will marry you
). which platform do you think is best for this type of testing? I am willing to spend upto $2000 for the platform. I currently use metatrader, but does it allow me to do this type of testing? I just want to make sure before i spend a lot of time learning the coding langugage. Thanks.
Zalak
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