i'm a trading software newbie and want figure out the best way to test my sysytem ideas on historical end-of-day data.
as i see it, i need to:
a) get my hands on a program that will allow me this. (i want to be able to tell it to monitor end-of-day prices, and then buy and sell when certain price events occur. for instance, i might want to tell it to buy if the closing price rises three days in a row and, at the same time, put in place a stop loss at x amount below the pruchase price.)
b) get accurate data to research my ideas (my primary interest is in currencies)
and i don't want to pay anything for it! actually, i'm willing to pay if i have to, but i'm hoping there are freeware programs out there that will do the trick.
any suggestions or help with this would be greatly appreciated.
it's a mad mad mad mad trading world
Wealth lab has a trial .. might be able to do currencies.