Backtesting with ORATS

[mustafaoe]

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?

[ORATS_Matt]

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.

[mustafaoe]

Thanks for the detailed answer I will it give a try

[sean_ca]

Hi Mustafaoe,  What do you think of ORATS vs. CML TradeMachine now?