StockFetcher Forums · Backtesting Support · Backtest Results Questions<< >>Post Follow-up
bigdoglee007
msg #75698
Ignore bigdoglee007
6/22/2009 12:55:52 AM

Below are 3 results from my 1st backtest. Can some please explain what each result means with regard to my backtest. For example, does 0.65:1 mean for every 65 winning trades I had, I had 1 loss?

Thanks in advance.

W/L Ratio - 0.65:1
Reward/Risk - 24.02
ROI - 5150.68%

chetron
msg #75699
Ignore chetron
6/22/2009 6:37:03 AM


W/L Ratio - 0.65:1 = when you win, you will lose the next 2, 33% wins
Reward/Risk - 24.02 = you are on the wrong side of most trades
ROI - 5150.68% = look for something else, cause you are just giving it away.


= )

hth


bigdoglee007
msg #75712
Ignore bigdoglee007
6/22/2009 11:16:41 AM

Is there a tutorial somewhere on setting up backtesting? Cause Im sure I didnt set everything up right and prob left out things I should have included.

bigdoglee007
msg #75713
Ignore bigdoglee007
6/22/2009 11:18:32 AM

What would be considered a good W/L Ratio, Reward/Risk and ROI%?

chetron
msg #75724
Ignore chetron
6/22/2009 7:37:44 PM

NO, THERE IS NO TUTORIAL. WHY NOT TRY CHANGING YOUR BACKTEST FROM LONG TO SHORT AND SEE WHAT HAPPENS.

zcentinc
msg #75831
Ignore zcentinc
6/27/2009 10:07:49 AM

thats 0.65 to 1. not very good less than 50% wins.

chetron
msg #75834
Ignore chetron
6/27/2009 10:32:02 AM

you should always try your filters both ways (long/short) if not to just get some insight to how stocks move.

hth


StockFetcher Forums · Backtesting Support · Backtest Results Questions<< >>Post Follow-up

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