Now back to backtesting, this backtesting is really sucking up a lot of my time. I should seriously heed Max’s advice to leverage on EAs to help with backtesting. Makes hell lot of sense, doesn’t it? Let’s see:

1. It hastens the process. Imagine completing backtesting from 2004 to 2009 in just a night as compared to now I could only manage 1/2 a year’s worth of backtest data in a week.
2. The test results are collated nicely and automatically for review and analysis.
3. It just takes a click of the button and it frees the man from the laborious task to think about strategy refinement and other research and exploration. And perhaps even spares time to read a book!
4. It allows ease of refinement. Want to know which stop loss amount will make the trading system more profitable from 2004 to 2009? Just amend that parameter and click away!

Downside is of course there is a good amount of time and effort to be invested to developing the EA of course. Which I am already blessed with a good level of knowledge to program my own EA. Mmm, what am I waiting for? :shy:

Next, I will have to learn how to program EAs in a more reusable manner. So that I can plug-and-play the reusable software modules for my future EAs and not to re-invent the wheel (ie, re-code for every new EA). Please don’t underestimate this. This could save us a hell lot of time.

In post image by alisdair