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Are there any limitations or drawbacks to backtesting on TradingView for cryptocurrency?

avatarfarhanancaryDec 25, 2021 · 3 years ago1 answers

What are the potential limitations or drawbacks when using TradingView for backtesting cryptocurrency trading strategies?

Are there any limitations or drawbacks to backtesting on TradingView for cryptocurrency?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can say that TradingView's backtesting feature is a valuable tool for cryptocurrency traders. However, it does have some limitations. One limitation is that TradingView's backtesting feature may not provide access to all the historical data needed for comprehensive analysis. This can limit the accuracy of the backtesting results. Another limitation is that TradingView's backtesting feature may not support all the technical indicators or trading strategies that traders use. This can restrict the customization options available for backtesting. Additionally, TradingView's backtesting feature may have limitations in terms of speed and performance, especially when dealing with large datasets or complex trading strategies. Despite these limitations, TradingView's backtesting feature can still be a valuable tool for traders to evaluate and refine their cryptocurrency trading strategies.