This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
----------Original---------
After adding this money management script to your trading system, you will be able to display the benchmark return in the simulation report table and the benchmark time-series in simulation graphs. This allows you to compare your strategy equity or rate of return against a benchmark such as a market index or an ETF (Exchange traded fund).
To add a money management script to a trading system, update the trading system, select "Money Management" tab, click on "Add an existing ..." then select the "Benchmark Return in a Trading System Simulation" item.
Before running a simulation, enter the ticker symbol of the benchmark (Example: ^GSPC for the S&P 500 Index, ^DJI for the Dow Jones Industrial Average or ^RCMP for the NASDAQ Capital Market Composite).
After the backtesting process is complete, you will see a new "Benchmark Return" column in simulation report table (Next to "Report" column).
To display the benchmark time-series, select "Benchmark" in the "time-series" list (in "Summary" tab) then drag and drop it on the chart.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
