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Are there any reliable platforms or tools for free backtesting of cryptocurrency trading strategies?

avatarKlavsen ChambersDec 18, 2021 · 3 years ago3 answers

Can you recommend any reliable platforms or tools that offer free backtesting for cryptocurrency trading strategies? I'm looking for a trustworthy option to test my trading strategies before implementing them with real money. It would be great if the platform or tool is specifically designed for cryptocurrency trading and offers a user-friendly interface. Additionally, I'm interested in a free option, as I want to minimize costs during the testing phase. Do you have any suggestions?

Are there any reliable platforms or tools for free backtesting of cryptocurrency trading strategies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One reliable platform that offers free backtesting for cryptocurrency trading strategies is TradingView. It provides a wide range of technical analysis tools and allows you to test your strategies using historical data. The platform is user-friendly and offers a community where you can interact with other traders. Give it a try! 😊
  • avatarDec 18, 2021 · 3 years ago
    Definitely! Another reliable option for free backtesting of cryptocurrency trading strategies is Coinigy. It offers a comprehensive suite of tools for technical analysis and allows you to backtest your strategies using historical data. Coinigy also provides real-time data from multiple exchanges, making it easier to execute your strategies. Give it a shot! 💪
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! BYDFi is a reliable platform that offers free backtesting for cryptocurrency trading strategies. It provides a user-friendly interface and allows you to test your strategies using historical data. BYDFi also offers real-time data from multiple exchanges, making it easier to simulate real trading conditions. Give it a go! 👍