Intraday candlestick backtest

Discussion in 'Trading Software' started by mercurio, Nov 24, 2006.

  1. mercurio


    I'm looking for a program that will let me backtest a custom strategy based on intraday candlesticks.

    For example, first bar's range is 1% of stock's price. Second bar has a lower shadow double the size of its body. Blah blah blah.

    I have searched past forums and have a list of over 20 sites! I'm going through all of them, still no luck. Thought it would be more efficient if I just ask.

    Thank you very much.

  2. Have you tried Tradestation or any other program that does custom coding???

    I was under the impression just about any coding software out there (lots of them) should do the coding requirements for you especially if your trying to test 1 to 2 intervals of single candlestick lines.

    However, such types of candlestick patterns that only involves 1-2 intervals usually produce poor results although are popular to code for some odd reason.

    In fact, several past threads here at ET about the backtesting of such single intervals.

    Other Coding Programs: Metastock, Candlestick Forecaster.

    (a.k.a. NihabaAshi) Japanese Candlestick term
  3. yeah...tradestation will be probably your best bet!