This has to be among the top 5 questions I’ve received over the years. Continual improvement is the name of the game, but to improve, you first need an objective way to measure performance. So as a retail trader, is there a professional benchmark, against which you can measure your trading performance? I have to […]

With the potential for quick profits and the excitement of the rapidly moving markets, forex day trading seems to be gaining popularity. I suspect this is fueled by the hordes of trading gurus who portray the ideal trader lifestyle – you sit on a beach with your cocktail, execute a few trades with the click […]

Quantifying a strategy’s performance is a challenge that every trader faces. In a previous post, I discussed MT4’s default backtest performance metrics. At the minimum, I recommend using the return/maximum drawdown ratio to get a measure of your strategy’s risk-adjusted performance. The System Quality Number (SQN) is another popular metric that could help with your […]

This content has been archived. It may no longer be relevant Leverage StrategyQuant’s genetic algorithm to generate profitable strategies. Simply specify your strategy components and performance filters.  Use the AlgoWizard module to quickly transform your trading idea into an algorithm. No programming knowledge needed! Export your strategies to Metatrader, Tradestation or MultiCharts for live trading.  […]

✔ Your resource for automated trading strategy development ✔ Empowering retail traders to create efficient income streams Simultaneously trade multiple strategies, markets and timeframes, any time of the day. Backtest your strategy to quickly determine its long-term profitability and risk profile. Keep emotions at bay with the automatic execution of your trading rules. ✔ StrategyQuant […]