Product Review: Wealth-Lab Developer by Dennis D. Peterson
How often are you offered a
trading system that has
been backtested or that you
could backtest yourself?
Wealth-Lab Developer, a software package
created by Wealth-Lab, Inc., allows
you to evaluate trading strategies written
by contributors to the Wealth-Lab
website. It is not limited to evaluation;
you can, of course, write your own scripts.
Most of the contributions are made by
the public, but some are made by the
Wealth-Lab staff. The Wealth-Lab
website has 10,000 participants, 2,000 of
whom are active; it is worth noting that
some who contribute to the site are extremely
skilled and talented. If sheer
numbers don’t impress you, then remember
that you can do your own testing.