Backtest result table

Understanding Backtest Tables: Analyzing Trading Strategies

Backtesting is a crucial step in evaluating the performance and effectiveness of trading strategies. It allows traders and investors to simulate their strategies using historical market data. One of the essential tools in backtesting is the backtest table, which provides a comprehensive overview of the test results. In this article, we will explore the components of a backtest table and how to interpret the information it presents.

Overview of Backtest Table:

The backtest table displays a summary of each executed backtest, offering valuable insights into the performance and profitability of a trading strategy. Let's delve into the key parameters available in the table:

Backtest table

1. Status: The status column indicates the current state of the backtest, such as "New," "Preparing," "Analyzing," "Running," "Completed," or "Failed." This information helps assess the progress and outcome of each test.

2. Market: The market column specifies the trading market or asset on which the backtest was conducted. It provides context for evaluating the strategy's performance in a specific market environment.

3. Initial Balance: The initial balance column denotes the starting capital or investment allocated to the backtest. It reflects the amount of capital available to execute trades within the simulated period.

4. Final Balance: The final balance column represents the remaining capital or investment after executing the strategy throughout the backtest period. It illustrates the profitability or loss incurred by the trading strategy.

5. Percent: The percent column indicates the percentage change in the balance from the initial balance to the final balance. A positive value indicates a profit, while a negative value signifies a loss.

6. Created At: The created at column displays the date and time when the backtest was initiated. It provides a chronological reference for comparing and tracking multiple backtests.

Sorting and Analysis:

Backtest table column titles

The backtest table offers the flexibility to sort the data based on various columns. Traders can analyze and compare the performance of different strategies by sorting the table by status, market, initial balance, final balance, percent, or created at. Sorting helps identify the most successful strategies and facilitates the decision-making process.

Conclusion:

Backtest tables play a vital role in evaluating trading strategies, providing a concise overview of their performance. By understanding the information presented in the table, traders and investors can assess the effectiveness of their strategies, identify profitable opportunities, and make informed decisions. Analyzing the backtest results empowers traders to refine their strategies, optimize their trading approach, and improve their overall trading performance.