Stocks Overview

Wick Slicer IQ works, and you can prove it yourself.

Tip

For quick verification of Wick Slicer IQ's performance, just take a look at the top-right table showing the profit factor for longs, and a look at the bottom-right table showing the profit factor for shorts.

You can find no-commission US stock trading at almost any brokerage now! Despite this, all stock backtests will use IBKR tiered-commission, priced at the lowest tier (highest commission) per contract.

Settings

Note

You have complete control over verifying the accuracy of Wick Slicer IQ. You can change the commission value to the real commissions you pay, increase slippage, and more.

Tip

When looking at backtest data, the dollar-amount profit and dollar-amount drawdown are less important than other metrics, as the raw-dollar amount profit and raw-dollar amount drawdown are highly specific to the trader's balance. Instead, it's more important to evaluate percentage metrics and ratio metrics, such as the profit percentage, profit factor, and drawdown percentage - these metrics are relatively consistent across various balances. Additionally, risk-performance metrics such as the Sharpe Ratio are good indications of a strategy's viability.

Note

All of our backtests will show a green line. The green line is the performance of Wick Slicer IQ. Some of our backtests will include a blue line. The blue line is the buy-and-hold performance of the asset. What's important here is that the green equity curve (Wick Slicer IQ) outperforms the blue equity curve (asset). If it does, this means Wick Slicer IQ is more profitable than simply buying the asset and holding it!