Improve Your Trading Strategies with a Monte Carlo Simulator

Monte-Carlo simulators can be used to test the robustness of a trading strategy. In this video I show how Excel can be used to create a Monte Carlo simulator that will randomise the results of a trading strategy to see how it affects the maximum drawdown. If you can't follow all the sound please note that the captions contain and full and accurate transcript of the video. My ebook course on building backtest models in Excel is available in the Amazon Kindle Store: http://amzn.to/15NDaw4 Follow me on Twitter: https://twitter.com/Tradinformed Facebook: http://on.fb.me/1715mCE Or Google+ https://plus.google.com/+MarkUrsell/ http://www.tradinformed.com/

Comments

1. good
2. thats useless lol
3. Very nice. I found that index-match was a bit more efficient as I found myself working with many rows of data. Big fan of your ebooks. They help immensely as I prefer to back test in Excel prior to any back test in Meta Trader.
4. Very good, thanks Mark. So have you found that this tool improves you edge in forward-testing?