Backtest or backtesting is a simulation of a series of rules to open and close orders with historical data, it is useful to check the effectiveness of a trading strategy. Knowing if your strategy is profitable can cost you a lot of time and money. With the backtest, you will only invest few minutes
Millions of historical data
One backtesting collects all the historical ticks. We are talking about 100 million ticks in 4 years. This is the information used to simulate the result of applying the rules defines in an automatic trading strategy.
Fast simulations
Technology helps us to get ultrafast results. Can you imagine having to check 100 million ticks from the last 4 years manually? With tradeasy, you can make that same simulation in less than 5 seconds.
Statistics to decide
The results of a backtest gives us statistical data. Immediately you can check what percentage of success your strategy has, average profit, etc. And thanks to that, deciding the next step.