StrategyDesk is a Windows utility that allows you to test trading strategies on historical market data to see how they would have performed in the past. It is a valuable tool for evaluating the potential of a custom approach before risking real money.
Users can create personal technical indicators to better fit personal requirements. Additionally, there is a large selection of charts and graphs for analyzing current market conditions and predicting future price fluctuations.
Traders are able to improve their strategies by performing historical comparisons. Supported optimization algorithms include genetic and simulated annealing.
It is possible to test various trading approaches with real time market information in a risk free environment. You can execute virtual trades and try out different strategies.
Please note that StrategyDesk is discontinued and no longer supported by the developer. The installation files are not available. There are other applications with similar capabilities like Value Line Investment Analyzer.
After developing and testing the strategy users are able to deploy it using the online Thinkorswim platform. This functionality is helpful for quickly transitioning from the planning phase to real world trading.
- free to download and use;
- contains tools for creating and testing stock trading strategies in a safe environment;
- you can run historical simulations to evaluate the effectiveness of a new approach;
- there is a wide range of technical market indicators;
- compatible with all modern versions of Windows.