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Backtesting – test your trading strategy on historical data4 min read

Oct 17, 2022 3 min
cleo.finance announces backtesting - test your strategies on historical data

Backtesting – test your trading strategy on historical data4 min read

Reading Time: 3 minutes

Testing your trading strategy on historical data (backtesting) is considered to be the first step in verifying its validity. That’s why in cleo.finance we focused on making the backtesting feature as realistic as possible, with plenty of editable attributes, date ranges, timeframes, and a whole lot more! Crypto traders can test their strategies on 1-minute data available since 2017! It is a fast, realistic, and in-depth look into your trading strategies with detailed statistics.

You can create your strategies in minutes using the Automated Loop feature, backtest them instantly and get your results with extensive statistics in seconds even for the complex ones. The backtesting feature on cleo.finance also accounts for the transaction costs and fees for more realistic backtesting results. Set your own slippage, commissions or funding fees.

The backtesting results statistics will give you:

  • Your total gross & net profit
  • Average win and loss
  • Your Loop (Strategy) settings – Entry&exit conditions, time frame, position, leverage, etc.
  • Profit factor
  • Sharpe ratio
  • Profit/Loss ratio
  • Sortino ratio
  • Your win-rate along with the total won and loss number of positions
  • Max PnL, Max Drawdown, trade expectancy and much more

More detailed statistics are coming soon!

Position History – each position can be replayed in microscopic detail

Above, you can view your Position History for your backtest along with all the data you need. All positions can be replayed in candle-by-candle detail. You can study your backtest performance, review trading outliers and try to gauge how you’d feel holding each position.

How to use the backtest?

It is a straightforward process; all you need to do is go to Automated Loop and create your own custom automated trading strategy there.

Enter your exit and exit conditions with the ever-expanding dataset, combine it with advanced risk controls, and view your trading setup on an integrated tradingview chart. Once you are content with your trading strategy, hit the “Create and Backtest” button.

The next window is the backtest settings. Here you can modify the initial balance of the strategy, set backtesting period, and customize the transaction costs. Click the “Create Backtest” button next and you will get your results in seconds.

If you are satisfied with your backtest results, you can deploy it with one click by hitting the “Deploy Live” button. If not, click three dots next to it and select Duplicate. You’ll be able to change anything about the strategy that you think caused it not to perform optimally – stop loss/take profit orders, any of the conditions, execution timeframe, or even the asset. Just watch out for overfitting! And if you need a primer on Position Sizing and Stop Loss management, we have blog posts ready for you!

How many Backtest I can run per month?

The number of backtests you can run depends on the pricing plan you have:

Free Plan – Only for OKX users

  • 50 Backtests per month.
  • The historical lookback period for 1M – 1 Year
  • The historical lookback period for 5M, 15M, 30M, 1H, 4H, 1D – Max

Trader Plan

  • 50 Backtests per month.
  • The historical lookback period for 1M – 1 Year
  • The historical lookback period for 5M, 15M, 30M, 1H, 4H, 1D – Max

Trader Pro Plan

  • 200 Backtests
  • The historical lookback period for all time frames (1M, 5M, 15M, 30M, 1H, 4H, 1D) – Max

And in case you’d need more backtests, live-trading slots or you are interested in using cleo.finance platform in your company, send us an email.

You can save your valuable time and focus on your improving your winning trading strategies with cleo.finance’s easy-to-use, comprehensive, and efficient backtesting tool. Sign up today and start creating your backtest right away!

A dedicated team of traders and developers on a mission to create the perfect trading platform!