Jul 11, 2017

The Fastest Way to Backtest Your Favorite Indicators on the Fly

One of the challenges when deciding to trade stocks and options is developing a great tradging plan.

This plan should help you manage risk and if done correctly could tell you when to buy and sell.

I've just created a new video that walks you through the fastest way to backtest your trading ideas. This will help you validate your strategies while building your trading plan. 

 

If you want to backtest a trading idea but are not sure where to start.

We see three options for you...

Option #1 - You can do it by hand which would take days to do it right. 

Option #2 - You could use a backtesting program but you'd still have to wait a day to see the results. 

Option #3 - Or... you could use Smart Studies, by WallStreet.io

Smart Studies is the first ever backtesting software built right into the chart. It lets you instantly backtest many popular indicators on the fly. 

How we're using Smart Studies to find Great Trades

We've combined Smart Studies with our new Super Proccesor, Prometheus, to scan through millions of possible indicator settings. 

This allows members to find the #1 indicator settings for the ADX, MACD, Stochastics, Moving Average Crosses and more for their favorite stocks. 

Once members find strategies they like our system will alert them when its starting and stopping...

... it's pretty cool. 

So, the next time you want to test a trading idea, don't go through the long wait time of traditional backtesting softwares, use Smart Studies and get instant results. 

If you're interested in learning more about our Super Processor, Prometheus, check out this cool video here. 

Trade Safe,

Micah