Hi Everyone! I have been trading commodity futures and stocks for a while now and after blowing up accounts few times using widely available strategies over the internet, I decided to backtest strategies before commiting any capital for leveraged trading.
I have recently manually backtested a strategy on XAUUSD that looks great. The system is based on previous week high and low on daily close. The system can be traded without the need for EA however I would like to backtest on multiple asset before injecting capital for trade.
The backtest on XAUUSD starts from April 2006 to end of year 2019. The backtest took me significant amount of time so i guess a backtester/EA should significantly reduce the time it takes to see the trading result on different asset class.
Here is the screenshot of the year end profit and loss on XAUUSD on the strategy applied. Please note that the profit or loss amount is calculated like if Gold is currently trading at 1570 and our buy entry price was 1560 and we close the trade then that is profit of $10. I am not considering the pip value for the trades. Please note that the year 2007 and 2018 are in loss.
If a backtester can be developed, It will be highly appreciated and useful for everyone. The trade rules are quite simple and i will post the trade rules as soon as possible with examples. Thank a lot.
P.S. Since this is my first thread, please consider my error if i have posted in wrong heading.
I have recently manually backtested a strategy on XAUUSD that looks great. The system is based on previous week high and low on daily close. The system can be traded without the need for EA however I would like to backtest on multiple asset before injecting capital for trade.
The backtest on XAUUSD starts from April 2006 to end of year 2019. The backtest took me significant amount of time so i guess a backtester/EA should significantly reduce the time it takes to see the trading result on different asset class.
Here is the screenshot of the year end profit and loss on XAUUSD on the strategy applied. Please note that the profit or loss amount is calculated like if Gold is currently trading at 1570 and our buy entry price was 1560 and we close the trade then that is profit of $10. I am not considering the pip value for the trades. Please note that the year 2007 and 2018 are in loss.
If a backtester can be developed, It will be highly appreciated and useful for everyone. The trade rules are quite simple and i will post the trade rules as soon as possible with examples. Thank a lot.
P.S. Since this is my first thread, please consider my error if i have posted in wrong heading.