Building Automated Trading Strategies October 2018 | Page 47

❖ Using randomness to test a strategy in any market conditions ❖ Ideal re-optimizations process (includes two separate modules for the job) ❖ Robustness testing (evaluate the best strategies on any timeframe) ❖ Supports MetaTrader, TradeStation, and NinjaTrader platforms Additional Features ❖ Use of Monte Carlo testing to test quality of the strategies (Monte Carlo testing allows you to find out if a trading strategy has potential for a stable profit when trading real money) ❖ Build a strategy and re-test it for a different market or timeframe (add other conditions and optimize it) ❖ Wide options for filtering strategies (determine what you expect from the strategy. How much it should earn, what the maximum risk is, profit factor and other indicators) ❖ Built-in walk-forward optimizer and cluster analysis tools (This tool allows you to find out what results the strategy has when optimized 47 / 64 « B u i l d i n g A u t o m a t e d T r a d i n g S t r a t e g i e s »