Is backtesting necessary before Walk Forward Analysis?

[kojinakata]

Hi everyone,

Is backtest necessary before WFA, or is it just a waste of time? Considering the fact that WFA will test the strategy's robustness and estimate its real time performance better, do you guys do backtests before WFA, or just put a strategy to test with WFA?

WFA:

Done only with historical data. Not with live data.

Backtest:
Using all or part of historical data without any out-of-sample testing.

Thanks.

 

[Solas0077]

I do not use it because it hasn't helped me at all but if you want to use it Amibroker does a good job among other platforms. I work with Price Action Lab and patterns with no parameters to optimize in WFA and this is possibly the reason I do not need it.

 

[malaguti]

Hi everyone,

Is backtest necessary before WFA, or is it just a waste of time? Considering the fact that WFA will test the strategy's robustness and estimate its real time performance better, do you guys do backtests before WFA, or just put a strategy to test with WFA?

WFA:

Done only with historical data. Not with live data.

Backtest:
Using all or part of historical data without any out-of-sample testing.

Thanks.

both back and forward. backtesting for the concept, forward for the truth