RTS unveils tool for backtesting trading strategies
RTS Realtime Systems Group, an independent software vendor, has rolled out a new automated trading tool, the RTD Tango Backtester. Allowing traders to comprehensively and easily test their trading models before putting them into action, the RTD Tango Backtester is designed to assist users with the full range of trading strategies they employ.
"We've designed the technology not only to be fast and efficient, but truly easy to use," said Steffen Gemuenden, co-CEO, RTS. "RTD Tango Backtester is ideal for testing everything from the most basic trading strategy to the most complex multi-layer set of algorithms. It accommodates a broad range of traders with straightforward, practical and high-performance technology."
According to Gemuenden, users can evaluate their anticipated trading performance after customising their backtest by running thousands of parameter combinations or strategy components against historical tick data and market depth. After analysing the results, they can modify their strategies and swiftly test the modifications as well. "Users can test multiple variations of a strategy simultaneously against the same historical market information, providing opportunities to quickly refine and deploy their models," added Gemuenden.