Description
Find Your Next Profitable Trading Strategy Faster
NakedMarkets takes a radically different approach to backtesting both manual and automated trading strategies.
It fills the gaps in other backtesting software packages by providing professional level analytics, free high quality data and allows you to automate without knowing how to program.
These features can dramatically reduce the time it takes for you to find your next profitable trading strategy.Â
If you're frustrated with how long it takes to test with other backtesting solutions, then keep reading…
Create Reusable Trading Rules for Entries, Exits, Trailing Stops and More
The Trading Rules feature allows you to quickly create entry, exit and money management methods that you simply drag and drop on your chart.
You can create rules based on indicators, time of day, price action and much more.
These rules can automatically set your stop loss, profit target and risk per trade.
Imagine how easy it would be to create an entry rule once, then simply drag and drop it on your chart every time you need it.
Here's an example of a rule that automatically sets a stop loss above the current candle and sets a take profit at 2-times risk (2R).
…and that's just a simple example.
Compare that with how long it takes to setup the same trade manually. You have to open the trade entry screen, set the stop loss, calculate the 2R profit target, enter the profit target price, then click the sell button.
This one feature alone can shave hours off the time you spend backtesting.Â
That's not an exaggeration.Â
But we're just getting started.
Keep reading to learn more about how these Trading Rules create building blocks that you can use to accelerate your testing even more.
For Both Manual and Automated Traders…and Traders in Between
Most backtesting software available today is built to do either automated or manual backtesting.
The great thing about NakedMarkets is that it will actually allow you to do three types of testing:
- Completely Manual
- Partially Automated
- Completely Automated
A lot of new traders love the idea of being able to create a completely automated trading system so they can “make money while they sleep.”
But the reality is that most people don't have the skills to start with fully automated trading.Â
They haven't studied programming and don't think like a computer.
They think like a human…and that's a good thing.
So it's usually best for most people to start with a manual trading strategy. Once they find a strategy that has an edge, then they can figure out how they can automate all or parts of it.
The best part about the Trading Rules in NakedMarkets is that they can be combined to create a modular system where you can mix and match entry, exit and money management components to develop a strategy and level of automation that you're comfortable with.
If you want to go full manual, that's great too. The Trading Rules will simply help you speed up your testing.
Build Trading Systems WITHOUT Coding
There are many powerful backtesting software packages out there. But you usually have to know their programming language to get the most out of the platform.
TradeStation has EasyLanguge.
MetaTrader has MQL.
TradingView has PineScript.
NakedMarkets removes the barrier of a programming language and uses a 100% visual interface to build Trading Rules.
Simply drag and drop the criteria you want to use, then set the parameters for each element.
Learning a programming language is so 1995.
High Quality Historical Data is FREE, No Catch
This is where other backtesting software packages can get expensive. The software itself might only cost between $100 and $500.
But professional quality historical data can cost you $30+ per month. One-time data downloads can cost several hundred to several thousand dollars, per market.
So after you add everything up, other backtesting packages can actually end up costing you several thousand dollars.
NakedMarkets provides high quality data in the same markets for FREE.
Professional Level Analytics
Analytics in most backtesting software packages is downright embarrassing.
You'll usually get things like win rate, number of trades and percent drawdown…but not much else.
With Naked Markets, you get a full analytics suite that gives you access to the same stats that professionals use to make their trading decisions.
The Overview screen shows you a performance graph, basic stats and performance table with a breakdown by month and year.
If you want more detailed information, the Overall Stats page will give you ideas on how you can improve your trading strategy.
Here's what it looks like…
The Stats Center will also show you:
- Symbol Analysis: See a breakdown of results by symbol
- Timing Analysis: Find out if there are times of the day or month that you shouldn't trade
- Risk Analysis: Get a full risk breakdown of your results
- Trades List: See the results from each trade
- Monte Carlo Simulation: Find out the best and worst case scenarios for your trading strategy
Get Started Right Now
Stop struggling with clunky backtesting software. Step up to NakedMarkets and develop profitable trading strategies faster.
Upgrade Your Forex Tester, MetaTrader and Oanda Reporting
Let's face it, most backtesting platforms need better reporting.
Brokers also need better reporting.
NakedMarkets has the solution.
There is currently support for Forex Tester, MetaTrader and Oanda. Other brokers and platforms may be added in the future, upon request.
Simply upload your export files from Forex Tester and MetaTrader and you'll get the same reports shown above.
You can also connect your Oanda account to NakedMarkets via the Oanda API to get your current trading results in one detailed report.
Everything You Need in One Package
Most backtesting software is primarily built for one market. Some software packages specialize in Forex, others are great for backtesting stocks and some are best for futures.
NakedMarkets allows you to create strategies for multiple markets.Â
This saves you time and money because you don't have to buy multiple software products and you don't have to learn new software every time you want to test a different market.
On top of that, other software packages can have multiple add-on plugins that increase the price dramatically.
NakedMarkets gives you everything you need for one price, in one package.
The Brainchild of a Full-Time Trader
Another common issue with trading software is that they are designed by developers, not traders.
NakedMarkets has been designed and developed from the ground up by full-time trader Denis Switalski.
He also happens to be a great developer.
NakedMarkets is what he uses on a daily basis to practice and test his strategies.
That means you'll only get features that a professional trader would use.
Get Started Right Now
You're just a few clicks away from a more enjoyable backtesting experience. It might even make backtesting fun (*GASP*), get started here.
Frequently Asked Questions
Click the “+” symbol to see the answer to each question.
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