BacktestZone is basically a no-code platform to create, customize, and backtest any number of trading strategies without coding for zero-cost. The application is designed in such a way that it is abstract in nature so that it doesn’t confuse the beginners with fuzzy words.
It also comes along with an easy-to-use interface to break down the complex stuff and more importantly, takes just a few clicks to build and backtest a trading strategy from scratch.
Now let’s talk numbers. Currently, there are over 4500+ tradeable US stocks to backtest trading strategies on and it is likely to increase in the upcoming days with the introduction of different exchanges (eg: India, UK, etc.) along with various assets like forex, cryptocurrency, etc.
Speaking of technical indicators, the platform houses 30+ indicators ranging from the basic ones like the Moving Averages all the way to advanced indicators such as Vortex and Stochastics. Finally, the platform has 25+ evaluation metrics which come along with plenty of numbers, percentages, ratios, and visuals.
One question you might have all along is why should I choose this specific platform over other big players like MetaTrader, and TradingView’s backtesting services. To me, there are two important reasons.
First off, other backtesting platforms out there either completely require coding or partially requires coding. Not to mention, the documentation for these coding is fairly complex to beginners. Whereas, with the help of BacktestZone, you can create your own desired trading strategies with literally zero effort spent on coding. It doesn’t matter whether the strategy is basic or advanced, all you have to do is just a few clicks and the rest will be taken care of.
Secondly, though there are a few backtesting platforms offering no-code solutions, they charge you a hefty amount of money as a subscription. Without choosing a subscription plan, you may not be able to create and backtest strategies within a certain limit (like 3 or 5). But this is not the case with BacktestZone. You can create any number of strategies you want and backtest them with no limits for free.
In summary, throughout my experience as an algo trader and researcher, I found a problem and I decided to come up with a solution that I believe a lot of people can derive utility from it. Finally, I did come up with one.
This project is created not with a business or profit motive but with one single principle, ‘to help’, because I don’t want people to suffer anymore with coding the strategies since it is really a tight corner that is tough to come out of.
Hope you will find this platform a useful one. You can launch the app using the link here and for complete visual documentation of the platform, you can use the link here. If you like this platform, kindly share it with other people who you think might be benefited. Also, I’m open to hearing your suggestions on the improvement of the platform.