good backtesting software

I would love to start backtesting some egies but that I don't know how to do it. Can someone recommend a good platform or software bundle I may use. Price is somewhat of an issue, but I am willing to spend in order to maximize earnings possible. I'd appreciate any help.
Thanks
PT

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Both Tradestation and Wealth-Lab Developer are good for backtesting trading egies. Wealth-Lab is $650 to buy, then you have to provide your own data, while I think tradestation is $200 a month, or $100 in the event that you have a $5000 account together with profit capital.
Other choices are Metatrader and Amibroker, but I don't how good they are. I think Wealth-lab and Tradestation are better, but I suppose it depends on what you require.

Bjorn

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Wealth laboratory seems like a much better deal, but how do you provide your own data. Is this service one must pay for. I have been on their site but it's somewhat confusing, and it is not specifically geared toward Forex. Is it a hindrance? Thank you, PT.

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Wealth lab seems like a much better bargain, but how do you give your own data. Is this another service one must cover. I have been on their site but it's somewhat confusing, and it is not specifically geared toward Forex. Is this a hindrance? Thank you, PT.

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I know it's not aimed at FX, but its not actually a issue. For data, you need to consider Forex.DataHQ since they provide intraday data (from FXCM) to get a monthly fee that you may become into wealth-lab. Otherwise, in the event that you merely need end of day data, you may either loe that for free somewhere on the net, or pay for it. I figure you get what you pay for, and the quality of the data is not always good. Especially not the info that is free.

Bjorn

Hi,

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I'd love to start backtesting a few egies but I do not know how to get it done. Can someone recommend a good platform or software bundle I may use. Price is a bit of an issue, but I am willing to invest in order to maximize earnings possible. I would love any help.
Thanks
PT

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I have read lots of post of Metatrader having inaccurate backtest results.

I utilize Amibroker, $149 Standard version down to 1min periodicity. $229 version for tick information.

Backtesting is accurate and incredibly fast.Decent support. Fantastic user community via yahoo mailing list and message board. Using a little jiggery pokery you can use the free live Metatrader information feed and then connect it into Amibroker.

Have a poke around http://amibroker.com/, they've some tutorials.

Best regards
Alan

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I would like to start backtesting some egies but that I do not know how to do it. Can somebody recommend a good platform or software bundle I could use. Price is somewhat of an issue, but I am willing to invest in order to maximize earnings possible. I would love any help.
Thanks
PT

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Metatrader is free and for me the best.

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I would love to begin backtesting some egies but that I don't understand how to do it. Can somebody recommend a fantastic platform or software package I may use. Price is a bit of an issue, but I am willing to spend in order to maximize earnings potential. I'd appreciate any help.
Thanks
PT

---

Both Tradestation and Wealth-Lab Developer are great for backtesting trading egies. Wealth-Lab is $650 to buy, and then you need to offer your own information, while I think tradestation is $200 per month, or $100 in the event that you've got a $5000 account together with gain funds.
Other options are Metatrader and Amibroker, but I really don't how great they are. I think Wealth-lab and Tradestation are better, but I suppose it is dependent upon your needs.

Bjorn