The backtester received so many updates to help traders improve their research capabilities. Not only did we add technical indicators, but now you have multiple inputs to customize a wide range of entry and exit variables:
- VIX filter
- Position price range
- IV Rank
- Profit taking and stop-loss % values expanded
- Expanded 'days before' expiration selections
- Exit based on 'days before' earnings
- Compare backtests
Backtest strategies using different VIX ranges to see how performance varied based on volatility.
Backtest strategies for specific IV Rank levels.
Position price range
You can now manually input a symbol’s price range when testing strategies.
As traders, we want to be flexible and adapt to market conditions. Our backtests should do the same. The backtester now includes four exit triggers so you can refine your criteria when testing strategies and quickly observe the impact on performance results.
Profit taking and stop-loss % values expanded
There are now more than a dozen specific percentages you can use as a profit target or stop loss, so you have even more control.
Expanded 'days before expiration’ selections
Test strategy performance up to thirty days before expiration.
Exit based on 'days before earnings’
See how metrics change over time the closer you test to earnings.
You can compare multiple backtests and allocations by choosing a backtest in the database or creating your own.
Our goal was to give you as many variables as possible so you can filter and identify the strategies that work best for you in different market conditions. You should never have to settle for guessing what will work; instead, you can use this powerful tool to guide your research.
Adding technical indicators and more entry and exit criteria gives you a whole new level of power when researching strategies. And best of all, you can instantly create an automated strategy from any test!