System Test Results

Last modified 16:42, 2 Nov 2012

System Test Results

System test results are added to the results table on the Trade Listing page as they are received from the scan.

The progress of the scan can be monitored, and the progress of the scan can be controlled by the user.

The test results can be saved and exported for view in an Excel® spreadsheet.

Trade Listing tabbed page

When the Start button is clicked the Trade Listing tabbed page opens and the system test results will begin to populate the table:

As the system test progresses through the time frame, each trade is listed as it is entered.

The test will scan all of the symbols for each successive day. While the test is running the Scanning Process Indicator will display in the function bar.

The test can be paused, re-started or stopped using the System Testing Control Buttons in the function bar.

The System Test Status Bar will provide a running summary of the test results as the test is run, and a final summary when it is completed.

Results Table

The Results Table lists in chronological order all of the trades as they were entered into. When the trade is later exited all data fields can be calculated and updated.

Overall results are briefly summarized in the System Test Status Bar and in detail on the Performance Summary tabbed page.

Select and Configure View

The contents of the Results Table is displayed in columns.

The number and type of data columns, and their order, can be changed by selecting a different view from the function bar's View Selector:

Drop down the list and select a view, the table will change to display only the data fields specified in the View that is selected.

New Views

Users define all views other than the Default View using the standard view creation dialog.

To create a new view, select the Configure View… command in the System Test work page's Action menu.

The Configure View dialog box will appear containing all available System Test Results data fields. Select fields, adjust their order and save the view.

The new view will be added to the  View Selector drop down list.

For more information, refer to the Custom Views topic in Shared Utilities.

Systems Testing Results Data Fields

All of the data fields available to be configured into a Systems Testing Results custom view can be viewed in the Configure View dialog box.

The display style may be numeric, price, text or an icon.

Examples of common data fields include Show Price Chart (icon), Show Price Data (icon), Symbol Code (text), Quantity (numeric), Last Trade Price (price), Change direction (icon), etc.

Some data fields are specific to Systems Testing, the can be grouped in the following categories:

Entry/Exit Price/Date/Type

There always will be an Entry Price and Date of Entry.

These can be effected by the Entry Timing and Entry Levels settings of the System Criteria tabbed page of the System Builder.

Exit Price can be displayed and this data field will also be used to calculate the profitability metrics, see below.

This price can also be effected by the Exit Timing and Exit Levels settings of the System Criteria tabbed page of the System Builder.

Exit Type identifies what triggered the exit, either a scan or a stop. The text will indicate the type of scan or stop, for example Price, Profit Target, etc.

Excursion Ranges

Excursion ranges measure the maximum price movement during a trade.

The measurements are always made with reference to the entry level.

Maximum Adverse Excursion (MAE) uses the lowest price below the entry price level during the trading period and calculates the difference between that price and the entry price. The resulting price difference is displayed.

Note - If the System Test's Direction settings is Short, rather than Long, the calculation will be reversed.

Maximum Adverse Excursion Percent (MAE%) uses the same calculation as above but displays the result as a percentage of the entry price.

Maximum Favorable Excursion (MFE) uses the highest price above the entry price level during the trading period and calculates the difference between that price and the entry price. The resulting price difference is displayed.

Maximum Favorable Excursion Percent (MFE%) uses the highest price above the entry price level during the trading period and calculates the percentage difference between that price and the exit price.

Profitability Metrics

Realized Profit is the net profit of a trade comprising an entry, an exit (by either exit or stop criteria) less the cost of the trade, primarily the Brokerage per trade set in the Trading Accounts section of System Test Settings tabbed page of the System Test work page.

If a loss is made, it will appear in red with a minus sign:  -895.10

Percentage profit [Profit (%)] is the Realized Profit expressed as a percentage of the Entry Cost.

Exporting Results

Each time a system test is run it will overwrite the data currently in its Trade Listing's Results table.

A warning message advising you of this will appear:

syststresultwarning.png

Select Yes to overwrite the existing results table.

You can also select No and then save the results.

Save As CSV File

Use the Action menu's Export Trade Results command to preserve the data in the Results table:

The data will be exported in a comma separated value (.csv) format file.

The data exported will be comprised of the data displayed by the current View - What You See is What You Export.

Change the current View to export different data, or create a new View specifically for the purposes of populating the .csv files.

After exporting you can then run the new test without fear of losing the previous test's results.

Re-open Exported Results

To repopulate the results table with results previously exported, click on the Action menu's Import Trades command and select the previously exported file using the file selection dialog.

Click Open and the table will be repopulated with the saved results.

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