How to backtest a strategy and generate a strategy performance report

To view a Strategy Performance Report, that is to backtest a strategy, begin by creating a Chart Analysis window. Into the chart you may then insert the strategies you want to test. Click insert, strategy, and you'll see a list of the strategies supplied by TradeStation as well as any others you may have imported or writen on your own. We'll select the strategy Moving Average 2 Line Cross Long Entry. A common pitfall is to select a long entry strategy without an exit, or a short entry strategy without an exit. If we choose only a long entry, it appears that there are no trades within the chart. Scrolling back to the beginning of the chart, we see there was a trade but because there were no exit rules, or no shorting rules, once that entry was made there were no other rules executed across the chart. Click insert, strategy, and now we'll also add in Moving Average 2 Line Cross Short Entry. Now that we have buy and sell rules we'll have a series of trades. To generate the Strategy Performance Report, you may click on this toolbar button, you may also click the View menu and select Strategy Performance Report from the dropdown. Remember, to view a Strategy Performance Report first create a chart, add the trading rules by inserting strategies, and then you can generate the Strategy Performance Report.

Comments