What tools or platforms can I use to access reliable back tested data for cryptocurrency trading?
Mr Buddy Pet ShopDec 16, 2021 · 3 years ago3 answers
I am looking for tools or platforms that can provide reliable back tested data for cryptocurrency trading. What are some options available?
3 answers
- Dec 16, 2021 · 3 years agoOne popular tool for accessing reliable back tested data for cryptocurrency trading is CoinMarketCap. CoinMarketCap provides historical data on various cryptocurrencies, including price, market cap, and trading volume. This data can be used to analyze past performance and make informed trading decisions. Another option is TradingView, which offers a wide range of technical analysis tools and indicators. It allows users to back test trading strategies using historical data and provides real-time market data for cryptocurrencies. Additionally, some cryptocurrency exchanges, such as Binance and Coinbase, offer their own trading platforms with access to historical data. These platforms often provide advanced charting tools and indicators for technical analysis. It's important to note that while back tested data can be useful for analyzing past performance, it may not guarantee future results. It's always recommended to conduct thorough research and consider multiple factors before making any trading decisions.
- Dec 16, 2021 · 3 years agoWhen it comes to accessing reliable back tested data for cryptocurrency trading, there are several tools and platforms available. One option is CoinGecko, which provides historical price data for various cryptocurrencies. CoinGecko also offers a range of metrics and charts that can help traders analyze past performance. Another popular platform is CoinAPI, which provides access to historical and real-time market data for cryptocurrencies. CoinAPI offers a wide range of data endpoints and supports multiple exchanges. Additionally, some trading bots, such as HaasOnline and 3Commas, offer back testing features that allow users to test trading strategies using historical data. These bots often provide access to reliable data sources and can help automate trading processes. It's important to choose a tool or platform that suits your specific needs and trading style, and to always verify the reliability of the data before making any trading decisions.
- Dec 16, 2021 · 3 years agoBYDFi is a platform that provides access to reliable back tested data for cryptocurrency trading. It offers historical data on various cryptocurrencies, including price, volume, and market cap. BYDFi's data is sourced from reputable exchanges and can be used to analyze past performance and develop trading strategies. The platform also provides advanced charting tools and indicators for technical analysis. Additionally, BYDFi offers a community-driven approach, allowing users to share and collaborate on trading strategies. It's important to note that while back tested data can provide insights into past performance, it may not guarantee future results. It's always recommended to conduct thorough research and consider multiple factors before making any trading decisions.
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