• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trading Heroes

Trading Heroes

Forex Trading Education

  • Articles
  • Products
  • About
  • Resources
  • Login

Taking Backtesting Software to the Next Level: NakedMarkets // EP30

Learn about the new backtesting software that can help you create manual and automated trading strategies. The developer shares his new backtesting software.

Home / Podcast / Taking Backtesting Software to the Next Level: NakedMarkets // EP30

Last updated: October 6, 2022
By Hugh Kimura

In This Episode:

  • Why this trader created his own backtesting software
  • Where he learned to trade and the timeframes he trades on
  • The website where he shares some of his trading strategies and track record
  • How to create drag-n-drop entries and exits WITHOUT coding
  • Manual backtesting demo and how his software speeds up the process
  • Demonstration of creating and testing automated strategies
  • Free historical data from multiple brokers
  • How this software could easily replace your trading journal
  • And more!

There's a big difference between software that's created by someone who trades and someone who doesn't. This is one example.

I met Denis at The Truth About FX conference in 2017. At the time, he was trading full-time and providing trading signals. I talked to him a bit on the train ride back from central London.

In talking to him, I found out that he is Beta Trader. It's always cool to meet people behind trading sites. I didn't keep in touch with him after that.

Then a few months ago, I got a message from him via Walter's forum, asking me if I wanted to test his new software called NakedMarkets. I'm always open to testing software from people I know, so I volunteered to be a tester. We are both students of Walter.

As soon as I read through the documentation, I knew that he had something special. There are features that I haven't seen in backtesting software under $500, and some features that I haven't seen anywhere.

What I like most about his software is that it is very modular. So you can create small components, like entry and exit rules. Then you can simply drag and drop those rules on your chart to speed up manual backtesting.

Or you can use those components to build fully automated or semi-automated trading strategies.

SEE ALSO: Learn the RSI Divergence trading strategy that works
SEE ALSO: Learn how Greg scalps in Forex (full interview)
Discount for TH Readers: Get your Forex Tester 5 coupon here

One thing that I've been looking for is an easy way to automatically download trades from Oanda and analyze the performance of the account. I thought that a trading journal was the solution, which I talked about here.

But I asked Denis if it was possible to do it in NakedMarkets and he implemented it in just a few days. Amazing!

So NakedMarkets can also be used to analyze live trading performance.

Anyway, there's nothing like seeing the software in action. So watch the video find out more about Denis and how the software works.

You can get a special Trading Heroes discount on NakedMarkets on this page.

Click Play to Watch the Episode

Resources Mentioned

  • NakedMarkets backtesting software
  • Walter Peters
  • NakedMarkets Forum
  • The Truth About FX Conference

Other Ways To Get The Trading Lifestyle Podcast

  • Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated)
  • Click here to subscribe via Stitcher
  • Click here to subscribe via RSS (non-iTunes feed)
  • Click here to hear all of the other podcast episodes

Thanks for Listening!

I really appreciate you joining me for this episode of the podcast!

If you know of a trader who would benefit from any of the information in this post, feel free to share it with them. Be sure to subscribe to the show on iTunes or YouTube and if you love it, a 5-star review is greatly appreciated!

 

 

Disclaimer: Some links on this page are affiliate links. We do make a commission if you purchase through these links, but it does not cost you anything extra and we only promote products and services that we wholeheartedly believe in. 

Related Articles

  • Install custom MT4 indicatorsHow to Install Custom Indicators in MetaTrader 4
  • Max drawdown in testing resultsHow to Calculate Maximum Drawdown in Excel
  • metatrader text message exampleHow to Setup Text Mesage Alerts in Metatrader For Free
  • Undelete a MT4 chart windowHow to Retrieve a MetaTrader 4 Deleted Chart Window
  • backtesting mistakes19 Backtesting Mistakes Beginners Make
  • Walter Peters (Naked Forex): The Inspiring Story Of How He Quit His Dream Job to...Walter Peters (Naked Forex): The Inspiring Story Of How He Quit His Dream Job to...
  • Chris Capre: This Transformed Him Into a Pro FX Trader From a Yoga Teacher // EP...Chris Capre: This Transformed Him Into a Pro FX Trader From a Yoga Teacher // EP...
  • best backtesting periodHow Long Should You Backtest a Trading System?

Category: Backtesting, Podcast, Trading Software Tutorials Tag: Backtesting Software, Forex Backtesting, Forex Backtesting Software

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and researcher. I used to work at a hedge fund and the largest bank in Hawaii. Now I help traders optimize their trading psychology and trading strategies. Learn more about me here.

Financial freedom is probably closer than you think. Stop paying for things that don’t make you truly happy.
“Freedom (n.): To ask nothing. To expect nothing. To depend on nothing.”

― Ayn Rand

Primary Sidebar

Trading Guides

The Ultimate Beginner’s Guide to Forex Backtesting

How to Figure Out Your Trader Personality Profile

The Forward Testing Guide for Beginners

How to Create a Precise Trading Plan (with PDF worksheet)

Learn the weird trading method that doesn't use stop losses...

Forex Hedging Guide
FREE Guide
Download Now

Footer

Company

  • Trading Courses and Education
  • Trading Blog
  • About
  • Contact
  • Beware of Imposters

Community

  • YouTube
  • Twitter
  • Instagram
  • Facebook

Tutorials & Guides

  • Best Trading Resources
  • Free Forex Trading Course for Beginners
  • Free Backtesting Guide for Beginners
  • Trader Personality Profile
  • Best Trading Books

Articles

  • Backtesting
  • Podcast
  • Trader Life
  • Trading Psychology
  • Trading Software Tutorials
  • Trading Strategies

Trading involves risk and can result in the loss of your investment. Invest at your own risk. Past performance does not guarantee future results. All information on this site is for informational purposes only and is not trading, investment, tax or health advice. The reader bears responsibility for his/her own investment research and decisions. Seek the advice of a qualified finance professional before making any investment and do your own research to understand all risks before investing or trading. TrueLiving Media LLC and Hugh Kimura accept no liability whatsoever for any direct or consequential loss arising from any use of this information. You are 100% responsible for your losses...and gains. You are more powerful than you know, keep expanding.

 

Copyright © 2007–2023 TrueLiving Media LLC | Terms | Privacy | Risk

Learn Zen8 Forex Hedging

Hedging can be a low-stress and consistent way to trade. Enter your email and I'll send you the FREE guide. 

x