By default, the cTrader trading platform does not have a manual strategy backtesting feature, so traders are unable to test the strategies that they will use for manual trading over historical data to verify if the system they will trade will work or fail.
What is a Manual Strategy Backtest?
The cTrader Manual Strategy testing tool is a cBot that will allow you to use the inbuilt-backtest module of cTrader that is currently used for automated trading for your manual strategy that is not automated. With this tool, you can use the visual backtest option of cTrader to see on the chart a simulation of your strategy submitting and managing orders.
What Is Visual Mode?
The visual mode feature built into the cTrader platform allows you to visually see the trading system in action as it opens, manages and closes positions, this feature will also allow you to adjust the speed so you can speed it up as well as pause the backtest to analyse the chart and adjust your strategy.
How to Run Your Backtest
To use this tool to run a manual strategy backtest, you need to open the cTrader Automate window and click on the cBots tab, you will find in the list on the left a cBot called Manual Strategy Tester, open a cBot instance and then click on the backtesting tab at the top of the chart. Your next step is to adjust your backtest settings, you can find out more information below.
Set the start and end period of your backtesting and check the Visual Mode otherwise you will not see anything until backtesting is finished.
Define Your Strategy
Your next step is to define your manual strategy that we will run the manual backtest with, start by adding any indicators to the chart that it uses, the types of orders that can be tested are:
- Market orders
- Pending orders
How to Test Your Strategy
The last step is to run the strategy backtest tool, simply start the cBot and then run the backtest by clicking on the start button, making sure the visual mode is selected so you can see the live-action. What you should see is all your technical indicators on the chart that are used in your trading strategy, use the Manual Testing cBot to submit orders when you can visually see entry points, you can also preset trailing stop losses and other take profit and risk management options.
With this tool, you can test your ideas on historical data and speed up the time to test quickly over a large amount of data, this allows you to validate your trading system in minutes without having to run on live data which could take days or weeks to test.
Most of the settings are self-explanatory, they allow you to change the look and feel of the application with a dark and light theme and different colours to suit your eyes.
Watch a Video Demonstration
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
Duration: 10 minutes - Watch full screen on YouTube
How To Install & Open
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install it onto the platform.
Join Telegram Community
You can join a Telegram community and chat with other traders to discuss, share and ask for help.