How to Back-Test

ProSignal's Automated Alerts

 

ProSignal's charts allow you to back-test and view the past-performance of the automated trade signals as far back as January, 2003. To use the "Back-Test" feature of your charts, please follow these steps:

1. Select "Time Scale & Period" from the menu at the top of the chart would like to back-test. (Select a chart with automated signals)

2. Then select "Advanced Custom" at the bottom of the drop-down menu.

 

3. From the calendar choose the date range you would like to view. (It can take up to 10 minutes to back-test a full year.)

4. Once you have selected your date range, set the 'interval' to match the time frame of the chart (i.e. select 1 hour for either the GBP/USD or EUR/USD 1 hour charts).

5. Click “Get” and after the data has finished loading Click "Apply

 

6. All of the signals for that time period should appear. If not right click on the chart and make sure there is a check mark next to 'ProSignal' at the top of the drop-down menu.

Back-Test Performance Summary

Once you have loaded the historical data you wanted to back-test you can run a summary report of the total Profits & Losses & Averages for the automated trade signals.

1. Right click anywhere on your chart and select “Intelliscript” then “Customized Alert Performance Summary” from the pop-up windows. As illustrated below:

 

Activating the Alert Performance Summary

2. A summary window will now appear displaying the total Profits & Losses generated from the automated signal alerts. The summary totals are calculated from Buy signal to Sell signal (or Entry Signal to Stop-Loss). 

 

Performance Summary

 

Back-Test Detail Summary (Trade-by-Trade Data)

To run a “Detailed” report of the Profit & Loss of each Automated Signal Alert, simply right-click anywhere on your chart and select “Intelliscript” and then “Customized Alert Performance Detail” from the pop-up windows.

 

How to Access the Customized Alert Performance Detail Tool

  

The Trade-by-Trade Profit/Loss data will open in Notepad as in the following illustration:

Customized Alert Performance Detail

    

Other Useful Links

ProSignal Charting Software Main Page

Receive Alerts by E-mail or Cell Phone

How to Back-Test the Automated Alerts

 

Important Functions of your ProSignal Charts

Also See

Automated Trade Execution

Past Performance of Automated Signals

Members Home Page