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Category: Technical Analysis

Backtesting as a Public Service

A lot of traders have asked me why we decided to implement a backtesting engine in TrendSpider. That’s a great question – because backtesting is an interesting thing, to say the least. Let’s start with a definition:

Backtesting is the process of applying a trading strategy or analytical method to historical data to see how accurately the strategy or method would have predicted actual results. (source)