Backtesting – the pillar of trading and investing. I know what all the naysayers say, but with all due respect, they got this one wrong. 🙂 In finance, and in time series in general, history repeats itself. Natural phenomena follow patterns, so does crowd behavior. Earth temperatures are not going to rise forever, so wouldn’t the current bull market. Enough rambling though.
My readers know that my main tool for backtesting has been Tradelib, a Java library which I have developed and used over the past couple of years. Working on some new (or rather old) project, I decided to take another look what’s around, and the results surprised me.
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