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mustafaoe

Backtesting with ORATS

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Hi,

I know that some of the members using Orats for backtesting. I am currently using CML TradeMachine. In general I am fine with CML TM but there are always some data issues that looks good from first view but sometimes it is simply not the reality. I am asking the experience with Orats? What are the advantages of Orats vs. CML Trade Machine?

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5 hours ago, mustafaoe said:

Hi,

I know that some of the members using Orats for backtesting. I am currently using CML TradeMachine. In general I am fine with CML TM but there are always some data issues that looks good from first view but sometimes it is simply not the reality. I am asking the experience with Orats? What are the advantages of Orats vs. CML Trade Machine?

As the owner of ORATS I can speak to the benefits of our backtester:

  • Near end of day data back to 2007 with excellent greeks and theoretical values.
  • Highly customizable backtests including the ability to select from many traditional options strategies, overlay with stock, change leg relationships, set price levels, set delta or OTM% levels.
  • Exit strategies including stop loss, stop profit%, delta level, percentage of strike difference.
  • View results with Sharpe ratios, win%, see all trades and download CSVs.
  • Ability to combine backtests in different weightings.
  • Ability to run multiple symbols.
  • Ability to enter based on indicators like volatility levels or IV/HV.
  • Ability to use outside entry and exit dates.
  • Ability to trade around earnings and investor conferences.
  • Many more.

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