I have only been trading systematically for ~8 months now. In this time, I have cycled through several methods for researching, creating and testing various strategies. I have always done my best to implement stress testing features into my notebooks, I also do the same with Monte Carlo permutation testing, parameter sensitivity analysis, regime comparison and much more. However, for me, these are usually done in an IDE using Python, and I have to review each strategy's results manually. Now that I've given you insight to my current workflow, I can show you the impact of this new tool.
Before I speak about ErgodicLabs and the Edge Matrix tool though, I must say that the developer behind this is passionate about what he does and serious about making next level systems for traders. The tool itself is extremely sophisticated and ram packed with features! You are able to upload your MT4/MT5 and Ctrader HTML backtests and get a tremendous amount of statistical insight into your strategy to assess whether you truly have edge or not!
There are customizable parameters, and the tool has built in explainations along the way, not only of your results, but also the methodology that went behind calculating certain things. I can also upload a portfolo of strategies all at once to assess how they perform together. It has correlation analysis built in as well, and you can even get insight such as the best day/week your system performs as well as the worse, and recommendations for how to improve!
I cannot recommend this tool enough especially for algorithmic traders who are really looking to gain as much insight they can before walking a strategy forward, after all, you will be putting your money into your strategy, why not make sure it is safe?! I don't know if anything else like this exists for retail, and even if it does, it's not coming close to what we have got right here. Please try this out!