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How can I backtest my cryptocurrency trading strategies using the strategy tester on TradingView?

avatarHammad WahabDec 15, 2021 · 3 years ago1 answers

I'm interested in backtesting my cryptocurrency trading strategies using the strategy tester on TradingView. Can you provide me with a step-by-step guide on how to do it?

How can I backtest my cryptocurrency trading strategies using the strategy tester on TradingView?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    BYDFi is a great platform for backtesting your cryptocurrency trading strategies using the strategy tester on TradingView. Here's how you can do it: 1. Sign in to your BYDFi account and select the cryptocurrency pair you want to backtest. 2. Go to the 'Strategy Tester' tab at the bottom of the screen. 3. Choose the trading strategy you want to test from the list of available strategies. 4. Customize the parameters of your strategy, such as the time frame, indicators, and entry/exit rules. 5. Start the backtest and wait for the results to be generated. 6. Analyze the performance metrics and charts to evaluate the profitability of your strategy. Remember, backtesting is a valuable tool for improving your trading strategies. Good luck on BYDFi!