Build & backtest trading strategy
What is a Trading Strategy?
A Trading strategy in Coincharted is a group of conditions you set for yourself to decide when to Buy or Sell or Hold your position
Building a trading strategy in Coincharted includes answering 3 questions:
1. What is considered an accurate model?
2. How many future days are you getting a signal from?
3. How will you manage the risk of prediction error?
Why backtesting?
This tool tells you “how much you would have earned” based on the trading strategy you choose
Using this tool is not optional. Here at Coincharted, We believe that it is essential to build and test different trading strategies before starting to use the predictions. Needless to say, you always have to stick to a trading strategy of your choice
