We're all aware that there's an app, website, or software platform for everything (it's debatable whether this is a good thing or not).

But when it comes to backtesting, there is 1 website I can't live without:

FX Replay

And here's the tea:

Reason #1: Comprehensive Market Simulation FX Replay provides a hyper-realistic trading environment by incorporating real market conditions, including spreads and slippage. This feature is key for understanding how your model performs under actual market conditions and highlights if you are actually in control of your understanding.
Reason #2: Detailed Analytics and Reporting One of the standout features of FX Replay is its detailed analytics and reporting. After each backtesting session, the platform provides in-depth reports on various performance metrics such as net profit, drawdown, and win/loss ratios. The devil is in the details, my friend. And this level of detail will help you refine your model with precision.
Reason #3: Customizable Testing Scenarios FX Replay allows traders to set up custom testing scenarios tailored to their specific needs. This includes setting different parameters for trades, such as entry, exit, stops, and limits. This flexibility enables you to test a wide range of models under various conditions, on any timeframe which helps to optimize your approaches for different market situations.
Reason #4: Integration with TradingView The platform integrates seamlessly with TradingView, one of the most popular charting tools among traders. This integration means you get the best charting experience while backtesting, with access to TradingView’s extensive features and tools. This makes the process of analyzing historical data and tweaking your strategies much more efficient and effective (Modest Money) (FX Replay).
Reason #5: Fast Processing and Multiple Session Support FX Replay is designed for speed and efficiency. It processes backtesting data quickly, allowing you to run multiple strategies fast as fuk. Additionally, it supports multiple backtesting sessions simultaneously, enabling you to compare different strategies side by side. This is extra saucy for traders who like to trade different asset classes or HTF and LTF versions of your models.

If you want to understand price delivery, refine your model, or develop a mechanical process, I can't recommend using this website enough. FX Replay is not just a tool; it's an essential part of a serious trader’s toolkit.

Now, get to testing.

- DJL

The Ultimate Backtesting Tool: 5 Reasons FX Replay Should Be Your Go-To For Backtesting

If you aren't backtesting daily, we need to fix that...

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