Backtesting?

[shooly76 10]

I use NT7...I know there are tuturials on this...but I need a shove in the right direction.

 

I have 'backtested' by simply looking back on charts to see if my strategies work in theory. but I need to learn how to backtest a strategy the correct way.

 

I want to use a couple different strategies for starts... for example: trend strategies w ZLEMA and SMA crossover.. price action.. momentum indicator, 20 EMA and BB as well, volatility breakouts, channel breakouts, v-bottom buys...etc..

 

how do I learn backtesting w NT7? I want historical, statistical data

[Tams 20]

I use NT7...I know there are tuturials on this...but I need a shove in the right direction.

 

I have 'backtested' by simply looking back on charts to see if my strategies work in theory. but I need to learn how to backtest a strategy the correct way.

 

I want to use a couple different strategies for starts... for example: trend strategies w ZLEMA and SMA crossover.. price action.. momentum indicator, 20 EMA and BB as well, volatility breakouts, channel breakouts, v-bottom buys...etc..

 

how do I learn backtesting w NT7? I want historical, statistical data

 

you don't think the tutorial will shove you in the right direction?

[shooly76 10]

thanks tams...but not the answer I was hoping to get..

 

I am hoping to get some some feedback and specific info regarding inputing my strategy parameters. feedback and input...isnt that what this forum is here for?

 

I have already gone over the tutorial a little, but I cant seem to find exactly what Im looking for as far as specific strategy backtesting w historical performance and stats for custom strategies.. maybe Im missing something.

[Tams 20]

thanks tams...but not the answer I was hoping to get..

 

I am hoping to get some some feedback and specific info regarding inputing my strategy parameters. feedback and input...isnt that what this forum is here for?

 

I have already gone over the tutorial a little, but I cant seem to find exactly what Im looking for as far as specific strategy backtesting w historical performance and stats for custom strategies.. maybe Im missing something.

 

I have gone over your post a little, I cant seem to see what is missing from the tutorial that don't answer your question.

[CortneyWilliams 10]

I have gone over your post a little, I cant seem to see what is missing from the tutorial that don't answer your question.

 

Tam is right, just try understand more and, if you have questions.your free to leave a message.

[shooly76 10]

ok..but I read help section a few times..and went thru strategy wizard and developed a strategy to backtest (on strategy wizaerd). I chose market and set my to/from dates...and hit backtest strategy....and NOTHING. so then I hit optimize strategy, and a pop-up came up stating that there were no paremeters set. ?? I may have to call tech support on monday

[henryduncan12 10]

you don't think the tutorial will shove you in the right direction?

 

I think tutorial will help but trainer should be well versed and should have thorough knowledge about every single term.

[ScottB 10]

That message can appear for a number of reasons but one of the most likely is you do not have the correct data for the instrument. Also under Optimize check the values for Optimize on and Optimizer.

 

This may be beyond what you were asking but you should always optimize over one period (known as in sample) and then do a back test over a different period. This will simulate what the strategy will do with "new or unseen" periods.

 

For example, run an optimization from January of 2010 to March of 2011 then pick a set of parameters that produced good results during that period and run them against data from April 2011 to date. This will separate truly predictive solutions from curve fit solutions.

 

Best Regards,

Scott

[Tams 20]

ok..but I read help section a few times..and went thru strategy wizard and developed a strategy to backtest (on strategy wizaerd). I chose market and set my to/from dates...and hit backtest strategy....and NOTHING. so then I hit optimize strategy, and a pop-up came up stating that there were no paremeters set. ?? I may have to call tech support on monday

 

arh... I see, you are still at the mechanical stage...

 

you need to read the manual, get to know the buttons and inputs,

before you can start the technical stage....

you are miles away from the analysis and strategic development stage.

 

nobody can help you at this stage, but yourself.

You just have to roll up your sleeves and hit the books. If you have a burning desire to succeed, you will do it, otherwise you are just going through the motion here. People can give you advice, but without a solid foundation, the imparted knowledge is only information.

Edited October 1, 2011 by Tams