Backtester screen organization

In order to open backtester screen click HOME » Tests button on the ribbon bar. New backtester window behaves differently than other window types (e.g. price chart window or statistics window). Namely the tool windows, i.e. groups, symbols and its properties are not visible. The reason for this is that groups and symbols can be selected within the backtester window directly.

When test window is opened, group window, symbol window, and properties window cannot be visible. This is normal behavior.

Backtest window is composed of three tabs:

  • Settings. In this screen, you can set all details for a test you want to perform.
  • General Results. High-level results from the backtesting. This is especially useful if during backtest parameter(s) optimization process was performed, and we want to see differences in performance between different parameters sets.
  • Detailed Results. Detailed results for a specific set of parameters. We can track here every single transaction.
Figure 1.

Figure 1. Backtest module.

You can create multiple test profiles via BACKTEST » Settings » Backtester Settings button on the ribbon. Every profile specifies exact entry and exit conditions which are used when tests are being performed. Each aspect of these settings is described directly on the screen.

Test profile has a great impact on the output from the backtester. For example setting a very narrow Stop Loss level may cause that during simulation, trades will be closed too often on Stop Loss order generating losses. On the other hand using very wide Stop Loss may cause that losses will be too big to be compensated by profitable trades.

To save your time, CandleScanner helps you to find optimal values for parameters used in exit/entry conditions.

Typically depending on your expectations and markets you may need several testing profiles.

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