Backtesting software?

[ScottyfromAussie]

Looking for a peice of software that will allow me to test different strategies.

Like say I try strategy x between January 1988 and December 1998 to see how well it works.

Anyone know of anything like this? apolgies if the question has already been asked.

 

[Kash Kosmo]

Re: Anyone find this?

I am just a newbie
But I believe what you are after is called back-testing to see a summary of each stock's historical performance

I found some software that can do this in the shop section
look at SCANVEST http://www.moneybags.com.au/default.asp?d=0&t=2&id=4561&c=18&a=74

I have also received a recommendation to try AmiBroker and will do so soon and try out on the free trial

KK

 

[tech/a]

Re: Anyone find this?

Tradesim
Metastock
Amibroker
Tradestation to name a few.

Current leader is Tradesim Metastock combo with the new Vitamin "C" addon for metastock,turning this combo into a truely professional package.

http://www.compuvision.com.au/

 

[Wysiwyg]

Re: Anyone find this?

Looking for a peice of software that will allow me to test different strategies.

Like say I try strategy x between January 1988 and December 1998 to see how well it works.

Anyone know of anything like this? apolgies if the question has already been asked.

The systems for backtesting I know of are code/formula oriented. I.e. they require at least a basic knowledge of how to put your strategy into code. For me code is gobbledy gook and have no intention to even begin to learn (would take me years to become proficient) and because I don`t place much emphasis on "you beaut" formulas and backtesting. We`re moving forward .
Metastock is the top of the line and you can get the EOD software for $499.

Here is the example of code from Amibroker. Note this example is VERY basic but you can pay coders to do your strategy.

Buy = Cross( MACD(), Signal() );
Sell = Cross( Signal(), MACD() );

// trade on next bar open
SetTradeDelays( 1, 1, 1, 1 );
BuyPrice = SellPrice = Open;

// trade size: 25% of current portfolio equity
SetPositionSize( 25, spsPercentOfEquity );