What is Backtesting in Tradetron?
Backtesting is a process by which trading strategies are tested on historical data. Due to the sheer amount of data and computation need, backtesting is very resource-intensive process. Using historical data, we can get an idea whether the trading idea/strategy is performing as expected or not. Backtesting is done as a preliminary step before deploying the strategy in live market. It is to be noted that backtesting and live trading may produce diverse results due to slippage. The time duration rPopularCalculate Credit Usage
Backtest Credit Consumption Backtests credits usage is calculated based on the backtest period and the no. of underlying in the strategy, if using lists. For a period of 180 days, backtest credit consumed will be 1. Similarly, if you backtest for 360 days, Backtest credit consumed will be 2 and so on. If your strategy contains a list, one of the below criteria will be followed based on no. of underlyings in the list Criteria 1 If underlyings in list >= 5 then max. 5 credits for 6 moFew readersBacktest Input Parameters
Backtest Parameters To conduct any backtest in Tradetron there are certain parameters that users have to input for successful backtesting of strategies. Date Range – Tradetron has historical data available since 1st Jan 2020 to conduct backtests. We have predefined ranges like last 6months, 18months etc or you can also add a custom date rangeSome readersBacktest Status
Backtest Status Once you have posted for backtest, it will reflect the below status sequentially In Queue - This means that the backtest is in queue and will start soon % Completed - This means that the backtest has started and is in the process Generating Report – This means that the Backtest is completed and is currently in the process of generating detailed report with important metrics Completed - This simply means that the backtest is complete and you canFew readersInterpreting Backtest Report
Backtest Report As soon as the backtest is complete, a comprehensive detailed backtest report is sent to the user’s email address. This report consists of key performance metrics for the strategy. You can also download the Stats pdf and positions CSV from the backtest page too. It makes it very convenient for the user to do their own analysis based on the trades taken by the backtest engine. Backtest report consists of the below stats PNL Curve – A PNL curve is a graphical representatFew readersChecklist before backtesting
Please ensure your strategy does not use the restricted keywords mentioned above. Please paper trade the strategy beforehand to check if it takes entry/exits according to your conditions. Please ensure that your strategy only includes NSE cash stocks/ Futures or Index FnO. Please check if your set exit/Universal exit conditions are proper before backtesting. Keep in mind that backtesting does not follow rollovers, advanced price execution settings, SLM orders, tranching & overnightSome readersHow to find Backtest ID or BID
Go to the Backtest Page, Click on the BID button and a number should appear. That number is your Backtest ID.Few readersBacktest Credit Usage Summary
Backtest Credit Usage Summary With the new Backtest V2 engine, we have also added a new credit usage summary tab to easily get an overview of your backtest credits. You can click on the Credits and Used section as highlighted in the image to get a detailed report on the backtest credit usage You can easily monitor how many credits you have left and can also easily purchase new credits using tFew readersBacktest Credit Refund
If you have purchased backtest and due to some reason would like a refund of the remaining unused backtest credits, you can email support@tradetron.tech and team will refund the amount based on unused backtest credits.Few readers