The new OddsMaker from Trade Ideas
- Visualize how your strategies will impact your return
- Understand exactly what settings make your strategies most successful
- Optimize strategy settings for the highest returns and lowest risk
- Run complete backtests in minutes
Backtest the entire market
The OddsMaker is the event-driven backtesting module inside Trade-Ideas Pro. Unlike most backtesting tools that only track one or a handful of instruments, the OddsMaker looks at the entire market (or your custom lists) to determine the odds of a winning strategy in the current market conditions.
Visualize your returns and set expectations
The OddsMaker has a number of unique tools allowing for the immediate visualization and analysis of your strategy’s simulated performance. Immediately on running the OddsMaker, you can see your equity curve for the backtested strategy. Customize the summary view to instantly see how your starting equity, share size, commission, and slippage will impact your trading.
See how the strategy performed over each day tested. Then use the data provided in the Optimization tab to drill down into your settings and see exactly how to refine your strategy.
Fast and easy – no programming required
The OddsMaker is fast and powerful. There’s no programming or scripting knowledge needed – any of your Trade Ideas strategies can be tested and improved in a few minutes. Select the strategy window to test, set the entry/exit/hold conditions, and run the OddsMaker. The bulk of the computations are done on our servers, so you get results quickly. All strategy refinements are accomplished using the same configuration window Trade Ideas clients use to configure alert windows.
Open the OddsMaker from any Strategy Alert window: and set your entry and exit conditions:
View your Equity Curve and Summary settings. Adjust your Starting Equity, Share Size, Commission, and Slippage on the fly:
Use the calendar heat map to drill down and view any of the backtested trades.
Optimze your strategy settings using the OddsMaker:
Each paid subscription to Trade-Ideas comes with 10 free trials of the Odds Maker. Just start Trade-Ideas Pro, and hit the "Backtest" button.
After you have used your free trial, the Odds Maker will be available for a one time fee of $1,100 includes 2 Execution Consulting personalized strategies. You will also need an active Trade-Ideas account to use the Odds Maker. Purchase now.