Smart Backtest Trainer

T

TopicStarter

Moderator
Apr 15, 2024
10,076
4
38

Introduction​

So, you've stumbled upon the Smart Backtest Trainer robot, huh? If you're thinking it's the ultimate messiah of trading robots, think again. Sure, it's got a rating of 5 and no user reviews, but that hardly screams trustworthy, does it? Anyway, let's dive into what this robot is all about, analyze its performance data from the past year, and see if it's worth your hard-earned cash.

Functions Description​

The Smart Backtest Trainer has a neat array of features, or so it claims. Here’s a rundown:
  • Backtesting: Yes, it’s in the name. The robot supposedly allows you to backtest your trading strategies.
  • Optimization: It claims to optimize the settings for you. Allegedly, this should improve your trading strategies, but your mileage may vary.
  • Monte Carlo Simulation: Fancy, right? The robot runs multiple scenarios to show how your strategy might perform under different market conditions.
  • Visual Strategy Builder: For those who like to see the magic happen, this feature lets you build and tweak your strategies visually.
That’s the gist of it. Now let's see if these features actually hold any merit.

Performance Analysis​

Looking at the past year's performance, the Smart Backtest Trainer has been a mixed bag:
  • Profitability: Some months show decent returns, while others are a complete washout. So much for consistency.
  • Drawdowns: The robot has had some significant drawdowns. If you have a weak heart, this might not be the toy for you.
  • Win Rate: An average win rate but nothing that would make you jump out of your seat.
  • Execution Speed: Not the fastest, which can be a problem in high-volatility markets.
To sum it up, it doesn't seem to outperform manual strategies by a considerable margin.

Pros and Cons​

Before you jump to any conclusions, let's balance the scales:

Pros:
  • In-depth backtesting capabilities.
  • Monte Carlo Simulation for risk assessment.
  • Visual Strategy Builder for ease of use.

Cons:
  • Inconsistent performance.
  • Significant drawdowns.
  • Execution speed could be better.
  • No user reviews to base opinions on.

Conclusion​

So, should you go for the Smart Backtest Trainer? It's hard to say. It has some promising features but inconsistent performance. It might be worth a try if you like experimenting with trading strategies, but don't bank your life savings on it.

Source Code of Smart Backtest Trainer​

Sadly, the original source code of the Smart Backtest Trainer robot being sold on MQL5 remains a mystery. However, for those interested, our team at EASY Trading Team has crafted a code based on the description found on the MQL5 site. If you're curious or have questions about the code, feel free to ask on our forum.

Code: 
You don't have permission to view the code content. Log in or register now.

Download Smart Backtest Trainer Robot - Easy Trading Team Version​

For those eager to take the plunge with the Smart Backtest Trainer, you can check out our version based on the algorithm's description. Remember, we don't sell the original Smart Backtest Trainer; we simply recreated a similar trading robot based on available information. Visit this link to explore more details.

If you have any questions about the code or want to share your experiences, the forum is open for discussion.
 
You must log in or register to reply here.
Top Bottom
Back