Back Testing Report

View System Performance Report

Click an indicator to select it, you will see "Display Indicator Report" icon, show up. Clicking the icon, system performance report will pop up. You may see the system performance reports for All Trades, Long Trades, Short Trades and Trade-by-Trade. Pay attention to the Total Net Profit and AbleSys Index.

Here is the typical report format:

Performance Summary:

(For Symbol from mm/dd/yy to mm/dd/yy)

Total Net Profit Buy/Hold Net Profit

Total % Net Gain Buy/Hold % Gain

Max Draw Down Buy/Hold Max Draw Down

% Max Draw Down % Buy/Hold Max Draw Down

Gross Profit Total Trades

Gross Loss Winning Trades

Win/Loss Ratio Winning Rate

Profit Factor AbleSys/EXP Index

Avg Winning Trade Consecutive Winning Trades

Avg Losing Trade Consecutive Losing Trades

Avg Trade Avg Holding Bars

Largest Winning Trade Avg Winning Bars

Largest Losing Trade Avg Losing Bars

How to read back testing reports?

Total Net Profit is our goal in trading. Three key factors of a trading system will help us to reach this goal.

Winning Rate = ( Winning Trades / Total Trades ) • 100%.

Win/Loss Ratio = Avg Winning Trade / Avg Losing Trade.

Profit Factor = Gross Profit / Gross Loss.

Among the three factors mentioned above, the Profit Factor is the most important. If the Profit Factor is greater than 1.0, it means that the trading system is a winning system. A Profit Factor greater then 1.5 is a tradable system.

AbleSys Index is an overall performance factor, which equals the product of (a), (b) and (c), i.e.,

AbleSys Index = (a) x (b) x (c)

If AbleSys Index = 0.50, it means the trading system is just break even. AbleSys Index > 0.50 is a winning system. In the trading software industry, an AbleSys Index > 1.2 means a tradable system. However, with ATTS, typically, look for an AbleSys Index > 2.5 as your tradable system. Do not trade any symbol or chart with an AbleSys Index less than 2.5 even through the symbol or chart may be one of your favorites.

EXP Index is another overall factor to evaluate a trading system.

EXP = [ (1 + Win/Loss Ratio) * Winning Rate] – 1

EXP = 0 means the trading system breaks even. EXP > 0 the trading system is winning.

EXP > 0.5 the trading system is tradable. The bigger number, the better performance.

For Users of Money Management Option only:

If you select Money Management (MM) module, you will see special testing report with MM. See the following example.

Back testing report

And, you can also view the trade-by-trade results with MM. See example below. Here Pos./MM_Size means the Trading Size with Money Management, w MM means with Money Management, w/o MM means without Money Management.

Back testing report with trade by trade result

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