Chicago Fintech launches groundbreaking new backtesting and alert capabilities to monitor charts for high-performance trade setups and send real-time alerts.
CHICAGO, Apr. 22, 2019 — TrendSpider, today announced the launch of backtesting capabilities and multi-factor alerts for its cutting-edge automated technical analysis platform.
The Strategy Tester helps active traders instantly backtest the performance of complex technical strategies. For example, active traders can define entry and exit rules based on candlestick patterns or technical indicators and see how the strategy would have performed in the past relative to a benchmark index. Successful strategies can be converted into a multi-factor alert in just a couple of clicks to help traders identify high-probability trading opportunities and potentially generate more consistent returns.