You can often get the best of both worlds by buying or developing an add-in toolkit and combining it with custom formulas and VBA. This allows you to focus on the parts of your model that are specific to your needs while gaining efficiency and functionality in those...
Now, let’s assume you’ve made it this far. The beauty of Excel is that you never have to “hard code” your idea. You can experiment and throw out anything that doesn’t work without any cost other than your time. You will throw out lots of...
Building the backtesting model begins with designing the data handling layout. Will you be manually inputting the historical price-volume data? Will the data come from a DDE link directly into Excel, or will it come from imported files such as .csv or .txt.? What does...
There are several ways to backtest an Excel trading model. You can do it visually by recording the buy, sell, and out signals given by your model in an Excel spreadsheet, including the date, time, and theoretical trade prices. This is very slow and cumbersome....