Validate, refine, and optimize your trading strategies using event-based backtesting software built directly into Trade Ideas. Test scanner alerts across thousands of stocks, analyze performance in seconds, and improve your decision-making, all without writing code.

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Why Traders Choose OddsMaker

Event-Based Testing

Test strategies triggered by real market events like breakouts, moving average crosses, unusual volume, or custom scanner alerts instead of replaying every historical candle.

Lightning-Fast Results

Run comprehensive stock backtesting across thousands of securities and instantly review performance metrics, equity curves, and trade history.

No Coding Required

Build, test, and optimize sophisticated trading strategies through an intuitive point-and-click interface without programming knowledge.

How OddsMaker Works

Step 1: Choose a Trading Opportunity

Select any Trade Ideas scanner alert or create your own market condition.

Step 2: Define Your Rules

Set your entry, exit, stop loss, profit target, and position sizing criteria.

Step 3: Run the Backtest

Analyze historical performance across thousands of stocks in seconds.

Step 4: Review Performance

Measure key trading metrics including win rate, profit factor, drawdown, average gains, and equity growth.

Step 5: Optimize Your Strategy

Adjust filters and variables to discover which settings consistently improve results.

Powerful Features That Set The OddsMaker Apart

Everything you need for sophisticated backtesting without the complexity

Market-Wide AnalysisTest across the entire market or custom watchlists	Performance MetricsTrack profit factor, win rate, average winner/loser, max drawdown
Visual InsightsEquity curves, color-coded calendars, and trade-by-trade breakdowns	Strategy OptimizationPinpoint winning filters and eliminate losing variables

Who Uses OddsMaker?

Designed for traders who demand precision, speed, and reliability

Day TradersDay traders rely on OddsMaker to test intraday strategies triggered by specific market events like breakouts or volume surges. The tool’s focus on regular trading hours and quick results helps them fine-tune entries and exits based on actual market conditions, improving decision-making speed and confidence.

Strategy DevelopersStrategy developers use OddsMaker to bypass coding requirements while rapidly testing trading ideas. The optimization tab automatically identifies which filters add value and which detract, enabling data-driven refinements without technical headaches or lengthy setup times.

Trade Ideas UsersExisting Trade Ideas users can instantly backtest any scanner alert with a simple right-click. This seamless integration creates a complete workflow from opportunity discovery to strategy validation, maximizing the value of both tools and streamlining the research process.

Unlock the Future of Backtesting TodayNo other tool combines event-based testing, market-wide analysis, and rapid results in such an accessible package.Get Started TI Pro

Frequently Asked Questions

What is OddsMaker?

OddsMaker is Trade Ideas’ built-in backtesting software that allows traders to test scanner alerts and trading strategies against historical market data without coding.

How is OddsMaker different from traditional backtesting?

Traditional backtesting evaluates every historical price movement. OddsMaker focuses on event-based testing, analyzing trades only when your selected market conditions occur, making results more relevant for real-world trading.

Do I need programming experience to use OddsMaker?

No. OddsMaker is designed with a visual, point-and-click interface that allows traders to build, test, and optimize strategies without writing code.

What performance metrics does OddsMaker provide?

OddsMaker reports important trading metrics including win rate, profit factor, maximum drawdown, average winners and losers, trade count, net profit, and interactive equity curves.

Can I test custom Trade Ideas scanners?

Yes. Any compatible Trade Ideas scanner or alert can be backtested, allowing you to evaluate custom trading strategies before using them in live markets.

Is OddsMaker suitable for day trading?

Yes. OddsMaker is particularly useful for day traders because it evaluates event-driven strategies such as breakouts, momentum trades, unusual volume, and technical indicator signals.

What markets can I backtest with OddsMaker?

OddsMaker is designed to evaluate strategies using historical stock market data available within the Trade Ideas platform, helping traders analyze opportunities across thousands of securities.