Affordable Backtesting Software?

Like many, I’ve demoed dozens of charting and backtesting programs and bought some of them (MetaStock, Omnitrader, etc.) But a standout is StockAnalzye, which is now back on the market after recovering from his IP service shutting down.

There’s a free version and a paid version.

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Good Day, I also spent a lot of time and money checking backtesting and trading software - not to speak of the time required to learn their coding languages. So before even demoing Stockalyze: Can it be used offline after being fed with data? Can it import price data?


p.s. Ever tried TradingView?


StockAnalze (SA) imports its data. It comes with about 30 preloaded trading systems which can be modified pretty easily without having to learn a coding language.

It costs nothing to demo the program. (No credit card is required.)

Another backtester you might consider is AmiBroker. It has a very active community, as opposed to SA, which gets scant attention for reasons I don’t understand.

I’ve never tried Trading View. Quill uses it. Maybe he’ll jump in with his thoughts.


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I only use TradingView for viewing charts and reviewing my watchlists.

However, I use Stockcharts as a subscriber exclusively as a tool for scanning. I have written 151 out of 200 advanced scans.

I then use both Barchart and Stockcharts to review the custom charts.

For example, I use the below to find stocks right out of the gate.

//Bullish Scan 400 True Strength Index

[type = stock] AND [country = US]
AND [Daily SMA(20,Daily Volume) > 40000]
AND [Daily SMA(60,Daily Close) > 20]

AND [TSI(16,8,4) > 0]
AND [TSI(16,8,4) x TSI Signal(16,8,4)]
//and [group is SP600]

Found 34 stocks that are showing me a possible stock that is ready about to head north or south.

//Bearish Scan 401 Bearish True Strength Index

[type = stock] AND [country = US]
AND [Daily SMA(20,Daily Volume) > 40000]
AND [Daily SMA(60,Daily Close) > 20]

AND [TSI(16,8,4) < 0]
AND [TSI Signal(16,8,4) x TSI(16,8,4)]
and [group is SP600]

Found 790 heading south…

Place the cursor on 6/22/22 showing confirmation of a buy signal when looking at the chart showing the crossing of the two (2) moving averages.……… This chart is telling me exactly when to buy and when to sell. Place your cursor on 6/23/22 as a Buy signal and then 7/11/22 as a sell signal.

Something to ponder.

Quillnpenn - a poor church mouse scratching for a living as a Swing Trader for over 45 years.
------------ Vision - Multi-Millionaire…Goal - earn 1.3% - 2.5% compounded Daily per the 2.5 percent theory.