Can trading view be used for backtesting trading strategies in the cryptocurrency market?

3 answers

• Dec 25, 2021 · 3 years ago
  Yes, TradingView can be used for backtesting trading strategies in the cryptocurrency market. Its backtesting feature allows users to test their strategies using historical price data. However, it's important to note that the accuracy of the results obtained from TradingView's backtesting feature may vary. It is recommended to validate the results obtained from backtesting with real-time market data and consider other factors before making trading decisions.
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• Dec 25, 2021 · 3 years ago
  Definitely! TradingView's backtesting feature is a powerful tool for testing trading strategies in the cryptocurrency market. It provides a user-friendly interface and allows users to customize their strategies based on various indicators and timeframes. However, it's always a good practice to validate the results obtained from backtesting with real-time market data and consider the current market conditions before making any trading decisions.
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• Dec 25, 2021 · 3 years ago
  Yes, TradingView is a popular choice for backtesting trading strategies in the cryptocurrency market. Its user-friendly interface and wide range of technical analysis tools make it a preferred platform for many traders. However, it's important to note that backtesting results should not be the sole basis for making trading decisions. It is recommended to combine backtesting with other analysis techniques and consider market trends and news before executing trades. BYDFi, another popular cryptocurrency exchange, also offers backtesting features that can be considered for evaluating trading strategies.
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