01/18/2023 |
TrendSpider Software Update: Strategy Tester Progression Tracking Data
Hello, traders, and welcome to another software update from your friends here at TrendSpider. This time around, we’re happy to announce continued improvements to the Strategy Tester in the form of new ‘Progression Tracking’ data to help guide your strategy revisions. Details after the jump!
If you have used the Strategy Tester before, you are likely quite familiar with the ‘Tabular Data’ section which displays the performance of your most recent backtest. It will be located in the upper right-hand side of the Strategy Tester window once you run any test.
Within this area, traders are able to see a thorough breakdown of the results of any strategy over a predetermined set of candles. From percentage win and loss rate to total trades, expectancy, net profit, risk-reward ratio, and more, these data points are key to determining whether or not a strategy is worth utilizing within a live trading system.
Previously, users could tweak a strategy to their hearts’ content, but unless you were manually recording each new set of tabular data, it was virtually impossible to keep track of the differences in the performance yielded from each new tweak.
Enter our new Progression Tracking Data.
Progression Tracking is a simple term we’ve given to the additional set of data points that you will now see within the Tabular Data section after running any secondary strategy tests.
To see these new data points, simply open the Strategy Tester and run any strategy. When you run a strategy test for the first time, your tabular data panel will fill in as expected. It will look something like the image below.
Next, make a tweak to your strategy and run another test. You will see a new set of tabular data points for the adjusted strategies backtest just as in the image below.
To the right of the adjusted strategy’s tabular data points will be an additional set of values. These values will be either red or green in color. A red value indicates a decrease in the value of the particular data point from the previous test to the current test. A green value indicates an increase in the value of the particular data point from the previous test to the current test.
The purpose of this new ‘Progression Tracking’ data is simple. It allows our users to measure incremental changes to the results of their strategies based on the incremental tweaks that power it, thus, making it easier for you to optimize your strategies!
Pretty cool, right?
As always, we hope you find this new update useful. If you have any questions regarding these new data points, or anything else within the platform, never hesitate to reach out to us via the ‘Contact Us’ button in the bottom right-hand corner of your charts.
