Walk Forward Analysis for MetaTrader MT4 and MT5
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Walk Forward Pro is a multi-stage walk forward analysis tool that makes multi-stage optimization and back testing simple. This helps algorithmic traders to produce trading systems that are more robust as part of their system development and testing process.
What is Walk Forward Analysis
Walk Forward Analysis is widely considered the gold standard for the development and testing of robust trading systems. Most traders are familiar with the concept of a walk forward back test. Walk Forward Analysis however, takes this concept to a new level, and incorporates what is needed to ensure systems are both kept in tune with current market conditions but also helps avoid over-optimization (sometimes called curve fitting), meaning that systems remain robust.
Unfortunately many trading platforms do not perform full multi-stage walk forward analysis natively, including MetaTrader MT4 and MT5. Undertaking walk forward analysis uisng these platforms can be a tedious experience, and can take significant lengths of time. Far too long in fact for the majority of traders to tolerate. They therefore fall back on quicker (but less effective) techniques that can lead to traders losing money when they put their systems live.
Walk Forward Pro completely changes all that. Full multi-stage walk forward analysis with MetaTrader MT4 and MT5 becomes an easy and painless experience.
Why Walk Forward Pro?
Trade Like A Machine did not initially develop the Walk Forward Pro application with the intention of selling it. We built it to use for our own trading system development, which we do, day in and day out.
Many commercial trading products are developed to appeal to traders, but are not actually used by the software company themselves. This means that they deliver products with functionality and features that they think will help them to sell their product - not functionality that REALLY WORKS and delivers robust systems that work in real-time trading.
Why is that? The answer is because they are commercial software developers whose focus is selling software to generate profit.
Walk Forward Pro is completely different. It has been built with one intention in mind. To assist with trading system development, producing systems that are optimized, robust and that deliver real results.
Intelligence to inform your decisions
Walk Forward Pro provides traders with the information they really need to inform the decisions they need to make.
Should a system be traded? Is it likely to generate results in the real world? If so, which parameters will create the most robust system? How can the system's risk be reduced, while increasing return?
The 'intelligence' modules planned for Walk Forward Pro will give users guidance on how to best set up the Walk Forward Analysis. How many stages to use, What optimization to back test ratio is likely to suit the your system best.
In summary Walk Forward Pro is aimed at making the process of walk forward analysis as simple as possible for anyone who is really serious about trading.
Interested in the WFP Referrer Programme?
If you're an existing WFP customer, you'll know how powerful Walk Forward Pro can be, and how it can help you to improve and increase the robustness of your trading systems.
By being a WFP referrer you can earn money for every new user that signs up from a link that you post or share.
Together we can empower traders across the world to be more successful.
You don't have to be an existing WFP customer to be a referrer, although non-customers earn a smaller amount.
In short, Walk Forward Pro is built by traders, for traders
Currently we will support Metatrader MT4 and MT5 but have plans in our roadmap to support other trading platforms including Python and R.
10% of the money we receive for every
Walk Forward Pro sale is donated to Unicef