![]() While thinkBack and thinkOnDemand go back in time to test trades, we can use Strategies to simulate entry and exit points over time. Use Custom Strategies to Simulate Trade Performance ![]() Dynamic Watchlists and Scans do not function when using thinkOnDemand.When adjusting the time, it takes several seconds to update the price charts.Makes sure that the date and time that you select is within market hours, otherwise the price charts don’t do not update with the timer.There are some tips to get the most out of thinkOnDemand: Use thinkOnDemand to simulate trades with a virtual account. You can choose the starting date of your backtesting using the calendar in the top right corner. The tool allows you to simulate the profit and loss of single or multiple trades entered at a certain point of time in the past using historical data. You can find the thinkBack feature under the Analyze tab. Use thinkBack to Turn Back Time and Replay Different Trades We will guide you through the functionality of each feature so you can create your own profitable trading strategies. Thinkorswim provides three important features that allow you to backtest and experiment with trading strategies using the historical price data: The flash crash in 2020 is a great sample to test a portfolio’s hedging strategy to see how well it responds to sudden market crashes. It can help you understand how a particular trade would play out in a given moment in the past. Use Custom Strategies to Simulate Trade Performanceīacktesting is a way to determine the effectiveness of a trading strategy using historical data.thinkOnDemand Works Like a Time Machine for a Virtual Account.Use thinkBack to Turn Back Time and Replay Different Trades.
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