Veles Backtests are designed for creating and testing your own trading strategies.
The Profit indicator shows the profitability of the created algorithm for a certain period without taking into account the commissions charged by the exchange. The indicator duplicates the Gross (dirty profit) data, which does not take into account additional costs from the transaction. We display Gross in stablecoin (USDT/USDC) and in the base (traded) coin.
To determine whether your strategy was profitable during the period under consideration, focus on the Net value (net profit).
The MFE and MAE indicators represent maximum possible profit and loss fluctuations on open positions. These metrics can be used to optimize your trading strategy. MAE data will help you to adjust stop loss or order grid parameters in conditions of sudden market volatility, and MFE will allow you to understand the optimal take profit.
Each executed deal is displayed on a chart with the ability to detail executed orders on any of the available timeframes. For a detailed study of a particular deal it is recommended to refer to the table below.
In the “Candles” block you will see information on the number of bars and details of candle shadows of the selected asset. Note that Veles backtests use minute candle information to achieve greater accuracy.
For example, if you trade as a scalper and use short stop losses, focus on the p0.99 indicator. It is used for risk assessment and allows you to understand how extreme values (in this case, losses) occur in the sample.
Refer to the risk in your strategy and activate a stop loss multiplied by two from the p0.99 value.
How to run a backtest?
Veles backtests are designed for creating and testing your own trading strategies.
To run a backtest start with creating your own bot.
Manage your orders: open position partially, set multi-takes and configure breakeven stop.
You can improve your strategy or develop a new one using indicators and various filters to get started. Use indicators, price, volatility and volume filters or a combination of them as entry bases.
The Analysis button will appear at the end of the page.
Test trading strategies before launching them to minimize risks and maximize profit.
