Many of our subscribers have asked us how good the pre-set template trading strategies are. The template strategies are, of course, real strategies which our team has built to showcase the Tradeworks automation platform. Well, the short answer to the question is that some of them are actually pretty good. But more importantly, it is very easy to turn a poor strategy into a great one! Let us explain…
So how did we do it? Pretty simple really. The strategy trades when the price crosses the ParabolicSAR indicator from either below to above (buy) or from above to below (sell). All we did was to change the two Signal rules around to now open a long position when crossing from above to below and vice verca.
The result: RoE of 3% in one week!
Product Update 1: New equity balance graph in performance analytics
Product Update 2: Adding 6 new symbols to the Backtester – including Gold and Silver
One of the requests we received in our feedback forum was for additional symbols to be made available for testing in the Backtester. We have now expanded the list to include six new symbols including XAUUSD and XAGUSD. In total, you can now perform backtests on 14 symbols in Tradeworks.
Should you have any specific requests for additions/changes to our product, please feel free to send us these by clicking the link below.