Software bug in Backtester
In VV7 Backtester It is difficult, if not impossible, to reproduce the "Easy Rider" strategy as demonstrated in the 3 Easy Rider videos of 2011 (VV6 was in use at that time).
The problems are:
1. It is only possible to setup Long or Short trades and not both unless Market Timing is checked (Easy Rider requires both Long and Short trades and does not require Market Timing).
2. Once Market Timing is checked it is necessary to elect one Search in the setup process which persists throughout the strategy run. This frustrates selecting the appropriate searches from the Derby Winners as required throughout the strategy run.
3. Once the initial search is selected you then have to delete the replacement share that is automatically chosen during the strategy run to be able to run a search appropriate to the Derby Winners (Following steps 1 & 2, the option to deselect "Automatically replace closed positions" is not available).
4. When "Trade from Search" is then selected to find a replacement share after Step 3 the share chosen by the software bears no relationship to the top VST shares of the Unisearch and seems to be arbitrarily selected.
Finally, when I asked for an instructor to see if he/she could take me through the setup, or do it themselves, I was offered a 15 minute lesson "Getting started in VectorVest".
Immensely frustrating and of no use to me at all !!!