Last updated
Last updated
Backtesting a strategy does not forecast future performance as market conditions will vary. However, the Pro Tester can give a relative measure of profitability and risk for specific configuration, asset, and timeframe combinations.
Users can use configurations across the Lendal Pro Trader and Pro Tester indicators using the functionality of the . Typically, a strategy will be backtested and optimized in the Pro Tester and then imported to the Pro Trader for implementation. While the Pro Tester has more advanced backtest capabilities, only the Pro Trader can generate signals. These signals can trigger TradingView alerts containing bot commands that automatically execute trades on external exchanges.
The Pro Tester backtests strategies using confirmed candles only, as TradingView does not support the examination of within-candle data. Consequently, Pro Tester results will differ from Pro Trader data based on real-time candles. This is limited by TradingView functionality.