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T-Score of a Trading System

by GS, 4437 days ago
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For a reliable trading system this score must be > 1.68. You can use it with any of your trading system during back testing to see how good your strategy is.

This script is based on an Advanced Momey Management and to use it, after downloading, follow the steps given below:

Simulation/backtesting -> Select your trading system and -> Update -> Money Management -> Add an existing money management script -> Select this script from the list -> Update a trading system.

After running your simulation, go to "Report for trading system" and select "Trades". First entry on the last column will show the T-score of your trading system.


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Type: Advanced Money Management

Object ID: 1190


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Market: All

Style:
Technical Analysis

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Technical Analysis


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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.