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

• Keltner/Bollinger Bands Squeeze
• calcB
• Rate of Change Volume
• VWAP - Volume-Weighted Average Price
• Buy Indicator
• NSE - Security-wise Delivery Position
• Gold to Silver Ratio
• Advance Decline Volume Ratio
• Trend Strength Index
• +ve signals for short entry
• More trading objects...

Fundamental Analysis

• Economic Calendar
• Tweet Sentiment Index for the Forex and Stock Market
• ETF Number of securities, percent stock and cash - Historical Data
• ASX Fundamental data
• Analyst Rating
• Industry Relative Strength
• London Stock Exchange News
• Short selling composite
• US Stocks: Size & Share Volume
• NSX - Daily short selling data
• More trading objects...