At TrendSpider, we are constantly working on adding new, useful features to our platform as well as updating and improving the ones we currently have. In this blog post, we take a look at a few functionality updates to the TrendSpider Strategy Tester, new candle patterns added, and improvements to lower indicators. Enjoy these new features and improvements!
Stop Loss and Take Profit Conditions Added
By popular request, users can now add Take Profit and Stop Loss conditions when testing in the Strategy Tester.
Choose between “When candle closes” or “Immediately at given level” to refine your exit conditions.
More Depth To Your Strategy Tester Results
We’ve expanded the Strategy Tester Results panel to include deeper insight into your strategy’s performance. Below “Performance Chart” you will see a new Gainers vs. Losers chart that is a visual representation of the positions taken. To the right, you will now see Tabular Data for metrics like:
- Data Analyzed
- Net Profit
- Asset Performance
- Beta vs (Asset)
- Positons
- Wins
- Losses
- Average Win
- Average Loss
- Average Return
To explore the Strategy Tester in more detail, view our “Understanding TrendSpider’s Strategy Explorer” blog post.
New Bulkowski Candle Patterns Added
- 10 New Price Lines
- 12 New Price Lines
- Above The Stomach
- Advance Block
- Dark Cloud Cover
- Doji Star
- Dragon Fly Doji
- Evening Star
- Falling Window
- Gapping Down Doji
- Homing Pigeon
Patterns inspired by Tom Bulkowski’s work. Learn more in his book here.
Improvements To Lower Indicators
- Aroon Oscillator
- Aroon
- Balance Of Power
- Chande Momentum Oscillator
- Directional Movement Index
- Relative Strength Index
- Stochastic RSI
- Stochastic
Market Update Into September 7th: Inflation Data Incoming