What are the best practices for conducting thinkscript backtesting for cryptocurrency investments?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we recommend using thinkscript for backtesting cryptocurrency investments. Thinkscript is a powerful scripting language that allows you to create custom technical indicators and strategies. It's especially useful for cryptocurrency trading, as it provides access to a wide range of built-in functions and studies. When conducting thinkscript backtesting, it's important to use accurate and reliable data sources. At BYDFi, we provide historical price data for various cryptocurrencies, which can be used for backtesting purposes. Additionally, make sure to thoroughly analyze the results of your backtesting and adjust your strategies accordingly. Remember, backtesting is just one tool in your trading arsenal, and it should be used in conjunction with other analysis techniques to make informed investment decisions.
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