Apart from this, you may also like to consider the win rate on an order level, get an understanding of whether the strategy is working for only one type of market (bullish, bearish, sideways)
Drawdown is one of the most critical metrics to consider when evaluating a backtest. It highlights the worst-case scenario and helps assess whether the strategy aligns with your risk tolerance.
If a potential 20% loss makes you uncomfortable, it’s a clear sign that the strategy...
This is a solid system. We can also keep an eye out for the latest company reports for fundamental data, they usually come out quarterly or half-yearly, depending on the company you're targeting.
@traderseyeview Thank you for the shoutout! With our Rule-based Logic Creator you can make a bot without any coding involved. Do check it out here : https://app.tradomate.one/
@alex-H1LAU93c9 Hi, I understand the coding issues. You can actually create and backtest bots without any code using our no-code bot creator. Let me know if you'd like a quick walkthrough, happy to help!
Before investing in any pre-built algorithmic strategy, it's important to thoroughly evaluate its performance. Since these are options strategies, make sure there's a solid risk management framework in place.
There are several platforms offering no-code strategy builders. One yo...