Backtesting Software

Описание: In this video, we'll dive into the world of backtesting software and explore how to choose the right one for your trading needs. With so many options available, it can be overwhelming to make the right decision, but fear not! We'll provide an overview of the major backtesting programs, their advantages, and disadvantages, helping you make an informed choice.

1. Amibroker Backtesting
Amibroker is a powerful and cost-effective backtesting software, perfect for portfolio-style backtesting. Its affordability and fast processing make it a popular choice among traders. However, coding certain complex strategies can be a bit challenging, and the external Amibroker community might not always be supportive.

2. RealTest Backtesting
RealTest is a modern and excellent backtesting software created by Marsden Parker, a market wizard. It is known for its easy-to-use coding language and the ability to backtest portfolios of systems simultaneously. Additionally, RealTest integrates with Interactive Brokers, streamlining the order placement process.

3. TradeStation Backtesting
TradeStation is a combination of broker and backtesting software, making it ideal for futures algo traders. While it offers data integration and automation, its 32-bit software can be slow and unsuitable for portfolio backtesting.

4. MultiCharts Backtesting
MultiCharts uses EasyLanguage, a user-friendly coding language, making it a popular choice for those interested in portfolio backtesting. With automation capabilities, it's a strong contender for traders seeking EasyLanguage-based backtesting.

5. Metastock Backtesting
Metastock is well-known for its exceptional charting capabilities and is favored among technical discretionary traders. However, it falls short in backtesting when compared to Amibroker or RealTest, lacking support for portfolio systems.

6. TradingView Backtesting
TradingView is a fantastic platform for discretionary technical analysis and charting but is not the best choice for backtesting due to its rudimentary capabilities and limitations on portfolio systems.

7. Excel Backtesting
While Excel can be used for backtesting through APIs and custom formulas, it lacks the built-in sophistication and ease of use found in dedicated backtesting software like Amibroker and RealTest.

8. Interactive Brokers Backtesting
Interactive Brokers does not offer native backtesting capabilities, requiring users to rely on external software like Amibroker or RealTest to conduct backtests.

In conclusion, our top picks for backtesting software are Amibroker and RealTest. Amibroker's affordability and community support, along with RealTest's exceptional portfolio backtesting and easy learning curve, make them excellent choices for traders. Whether you choose one or both, having reliable backtesting software is essential for systematic trading success.

Read the full article entitled "The Ultimate Guide to Backtesting" here: https://enlightenedstocktrading.com/b...

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