Backtesting a Strategy with Trade-Ideas

Backtest in Trade-Ideas enables you to calculate the odds of winning trades on a Trade-Ideas alert and filter combination you have configured.

To run a backtest:

1. In the Trade-Ideas window, click Backtest button in the toolbar or at the bottom of the window.

View Graphic

The Configure Backtester dialog box appears:

View Graphic

2. Make your selections, including direction, minimum move size, entry condition, exit condition, and exit time. For more information, see the User's Guide.

3. Click OK. Backtester runs and show the results at the bottom of the Trade-Ideas window:

View Graphic

The information and content provided in the Scottrade® Knowledge Center is for informational and/or educational purposes only. The information presented or discussed is not, and should not be considered, a recommendation or an offer of, or solicitation of an offer by, Scottrade or its affiliates to buy, sell or hold any security or other financial product or an endorsement or affirmation of any specific investment strategy. You are fully responsible for your investment decisions. Your choice to engage in a particular investment or investment strategy should be based solely on your own research and evaluation of the risks involved, your financial circumstances and your investment objectives. Scottrade, Inc. and its affiliates are not offering or providing, and will not offer or provide, any advice, opinion or recommendation of the suitability, value or profitability of any particular investment or investment strategy.