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What are the recommended tools for conducting backtesting on cryptocurrency trading strategies?

avatarFurqon YahyaDec 30, 2021 · 3 years ago3 answers

I'm looking for tools that can help me backtest my cryptocurrency trading strategies. What are some recommended options?

What are the recommended tools for conducting backtesting on cryptocurrency trading strategies?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    One recommended tool for backtesting cryptocurrency trading strategies is TradingView. It offers a wide range of technical analysis tools and allows you to test your strategies using historical data. You can also customize your indicators and set up alerts to notify you of potential trading opportunities. Overall, TradingView is a popular choice among traders for its user-friendly interface and extensive features.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to backtesting cryptocurrency trading strategies, another tool worth considering is Coinigy. It provides access to historical market data and allows you to test your strategies using various indicators. Coinigy also offers real-time alerts and notifications, making it easier to stay updated on market movements. With its intuitive interface and comprehensive features, Coinigy is a valuable tool for traders looking to optimize their strategies.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi is a third-party platform that offers a range of tools for backtesting cryptocurrency trading strategies. It provides access to historical data, allows you to test different indicators, and offers real-time market analysis. With its user-friendly interface and advanced features, BYDFi is a reliable option for traders looking to refine their strategies. However, it's important to note that there are other tools available in the market, and it's worth exploring different options to find the one that best suits your needs.