Are there any free backtesting tools available for evaluating cryptocurrency trading strategies?

I'm looking for free backtesting tools to evaluate my cryptocurrency trading strategies. Are there any reliable options available that can help me with this?

1 answers
- Yes, there are free backtesting tools available for evaluating cryptocurrency trading strategies. BYDFi, a popular cryptocurrency exchange, offers a built-in backtesting feature that allows you to test your trading strategies using historical data. Simply select the desired time period and apply your trading strategy to see how it would have performed in the past. This can be a valuable tool for evaluating the effectiveness of your strategies and making improvements. However, it's important to note that backtesting results may not always accurately reflect future performance, so it's always a good idea to combine backtesting with real-time market analysis and risk management techniques.
Mar 06, 2022 · 3 years ago
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