by Wayne | Oct 15, 2021 | Strategy Development
Trade slippage is the common enemy that erodes your strategy’s expectancy, and usually becomes more severe after going live. This post will cover: Why slippage occurs 4 simple ways to minimize slippage 3 ways to simulate slippage while backtesting Every trader...
by Wayne | Sep 24, 2021 | Strategy Development
Dr. Van Tharp developed the System Quality Number (SQN) as a simple method to rank trading systems. This article covers all you need to get started: The concept of R-multiples The SQN formula Obtaining your SQN using MT4 and QuantAnalyzer Limitations of the SQN...
by Wayne | Jul 20, 2021 | Strategy Development
Multiple timeframe backtesting can be a valuable addition to your strategy development workflow. Here I explain why you should do it, and how to conveniently do it in MT4 and StrategyQuant. Most retail traders are time-crunched in one way or another. While live...
by Wayne | Jul 1, 2021 | Strategy Development
Your choice of backtest spread can certainly make or break a strategy. This post will show you how to study the intraday spread variations of your market, and suggest several ways to avoid paying ridiculous spreads. You can download the Spread Recorder algorithm...
by Wayne | Apr 8, 2021 | Strategy Development
Understanding your backtest report is an essential part of being a successful strategy developer. Here I explain what the numbers mean, and how you can make use of each metric during strategy development. Every automated forex trader has combed through an MT4 backtest...
