Over the Backtesting panel, traders will be able to process the testing of trading strategy on relevant historical demo chart data to ensure its functionality before risking any real capital. They can simulate the trading strategy over an appropriate period of time and analyze the results for the levels of profitability and risk.
- BackTestingtab contains the fields where you can select the desired VTL script, period, symbol name, and after how many candles to run the Backtesting. After you fill in all the fields press on Start to implement the Backtsting process.
- BackTesting Tradetab contains full trade details placed using the implemented VTL script. In which the trades here are demos and won’t reflect in the live account summary. Also, it is not related to the real trades found under the Trade Panel.
- The BackTesting Journal tab contains all transaction details processed by the running VTL script.
- The BackTesting Summary tab shows the trades summary which was processed by the running VTL script in Backtesting, which summarises the opened trades, closed trades, profit trades number, loss trades number, total profit/loss, total profit, and total loss.
See Also