Equity Vs Benchmark

This money management script calculates the 1-bar return for the strategy's equity curve and the benchmark you provide in the money management inputs. It then compares the values and adds the percentage of bars the equity curve is performing better than the benchmark in the trading system report table.

The percentage value is displayed in the column named "AboveBench". A value above 50% means that on average the trading system is performing better than the benchmark.

To define the benchmark, simply type a ticker symbol in the "Benchmark" field in the "Money management Variables" panel that is displayed on the right after you select a trading system.
You can for example, use SPY (S&P Index) or IWM (Russell 2000 Index) as benchmark. But make sure you download data for this benchmark first before adding this money management script to your trading system.

Technical Analysis

• Gap Up Opening
• Average Growth Rate
• RSI GT 1%
• Wilder Volatility Index - Average True Range Trading System
• Return Since a Specific Condition Occurred
• Sector Surfer AMM Model
• Support and resistance lines based on N-Minutes high/low of a trading session
• Volume Ratio of Advancing to Declining stocks
• calcB
• VMACD Indicator (Volume Moving Average Convergence Divergence)
• More trading objects...

Fundamental Analysis

• US Crude Oil Supply, Consumption, and Inventories
• Initial Jobless Claims - Historical data
• Euronext Paris - News Data
• Inventory to Sales Ratio - I/S Ratio
• Cash ON Hand for US stocks
• Short selling composite
• S&P Earnings
• Company Revenues - US Stocks
• Historical Jobless Rate
• ForexRate RSS Feed
• More trading objects...