One of the best things about NakedMarkets backtesting software is that it is updated Historical backtesting data is included in the purchase price.
So you don’t need to pay an extra monthly fee to get data for the purchases you want to backtest.
Downloading historical data on NakedMarkets is easy. I’ll show you how to do it and give you some more tips on how to get the most out of the software.
If you don’t have NakedMarkets yet, be sure to read my full review.
Otherwise, see how you can download historical data.
Why new historical data is important
Many so-called “backtests” published online test only one strategy over a period of 1 to 2 years.
The problem with these tests is that they don’t cover enough buying cycles to be a valid test. I’ll talk about that more here.
When you download as much historical data as possible, you will have a better understanding of how your trading strategies will work, and therefore more likely to work in the future.
Updating your data with the latest information will also help you see if your trading strategy has stopped working.
So it’s important to see both old and new data.
With that, see how you can update data on NakedMarkets.
How to download historical data
Start by going to Tools > Data Center in the menu at the top of the screen.
From there, you will see this window.
In accordance with Symbols tab, check all markets for which you want to download data.
You can also select each individual market and change it Broker in the History section of the screen above if you want to use data from a different broker.
After setting everything, click on Modernize button to download the data.
The program will then show you which market(s) it will download.
Click on Modernize and the program will start downloading the data for each individual purchase.
Once the download is complete, close it Data center window and start backtesting.
Add your own custom data
If NakedMarkets doesn’t have the data you want to backtest with, you can use it Data input tab to add your own data.
Just click on Data input tab at the top of it Data center.
Enter the name of the symbol you want to enter the data next to Symbol name.
Then click the button next to File field to import.
Select the file you want to upload from your computer, then click on Introduction button at the bottom of the window.
If you’re having trouble with this process, be sure to contact their support team and they’ll be happy to help.
conclusion
So you can get all available historical data for NakedMarkets backtesting software.
The great thing about NakedMarkets is that Updated historical data is included in the one-time purchase price.
You don’t have to pay extra monthly costs like with other software solutions. To see how NakedMarkets compares to Forex Tester, read this review.
If you want to get a discount at NakedMarkets use this coupon.
Get more NakedMarkets lessons here.
