1. Can you do a backtest for a strategy?

Yes, we called it Quick Test. We use the past 5 days’ real data to evaluate a strategy.

Quick Test can be found in the chat interface.

After creating a strategy, click on the Quick Test button, and the backtesting result will be displayed immediately.

2. How do we evaluate a backtest result?

• Net Profit (closed trade)

  We calculate the profit and loss of each closed trade. E.g. A strategy closed 5 trades in the last 5 days, 3 of them made a profit of 1000 HKD in total, 2 lost a total of 1000 HKD, then the net profit is 0.

• Total Closed Trades

  One Buy + one Sell = 1 closed trade. If there's only one buy in the last 5 days, the closed trade is 0.

• Win Rate

  The win rate is the percentage of trades that resulted in a profit. A higher percentage indicates a higher win rate for the strategy. E.g. if the generated strategy has a total of 10 closed trades in the last 5 days, 5 of which are profitable, then the win rate is 50%.

• Maximum Drawdown (MDD)

  The largest drop in the price of an investment from a peak to a trough in the past 5 days. This is an important risk indicator used to assess the downside risk of an investment. In general, a higher MDD means a higher potential loss for an investment.

  MDD = (A-B) / A

  A: Highest asset value before the largest decline

  B: Lowest asset value prior to new high

• Test period

  The test period is the historical market data we have used for testing.

  We currently support 5 trading days of data. Please stay tuned for longer period data.

  

Did we miss something? Not to worry! Just email our support team at [email protected] ✌️