Diagonal Spreads | How to Backtest on ORATS Wheel

In this video, we look at diagonal calendar spreads, a popular advanced strategy. Diagonals can be thought of as a combination of both a vertical spread and a calendar spread. ORATS has powerful payoff diagrams to help observe the profitability of diagonal spreads, and a robust backtesting engine capable of testing out this strategy. We'll show you how to set up a backtest and edit the leg relationships parameters to achieve the desired results.