Backtest & Execute trading strategies for free in India

Nifty & Banknifty index options and futures.

AlgoTest is a full stack algorithmic testing and execution platform. We allow you to backtest, paper trade, and automate your trading strategies through your broker API.

With 10+ years of experience in the markets, both in India and on Wall Street, our mission is to educate you by providing the right set of tools to make rational decisions for your investments. So, here we are offering you backtesting and execution of options strategies for India.

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Who are we?

We are proprietary traders with 10+ years of experience.

Our experience in the markets spans geographies and market segments. Strategies we've worked on range from electronic options market-making in some of the deepest options markets in the world (CBOE, AMEX, PHLX, ARCA, ISE), to factor-based market-taking strategies in NSE's F&O segment. Members of our team have manually entered into trades where the hold time was as large as 6+ months, as well as written algos where the average hold-time has been 10 seconds or less. Being in the markets since 2007, we can't say we've seen it all, but we've definitely seen a LOT.

Message for the Indian trading community
About Us
Thank you

Our thanks to the Indian retail trading community!

Thank you!

Over the course of the last few months, we've been introduced to the Indian retail trading community through twitter. Coming from the ultra-secretive world of HFT (where the word "community" is barely large enough to cover your colleagues), observing the Indian retail community share trade ideas, risk management techniques, and even strategies is a breath of fresh air. In exploring these ideas and strategies over the last few months, we've learned a lot and, by offering free options backtesting in India, This is our way of giving back.

Having our kind of experience is a double edged sword - while it gives us confidence in our systems and approach towards developing and running successful strategies, it can also restrict our thinking and make us complacent. To be honest, when we first heard about the #920Straddle, we dismissed it without any thought.How could something so simple make money?We didn't believe it to be possible. Suffice it to say we were proven wrong, and eventually relented and profited from such similar systems.

Education

Backtesting trading strategies - why do we need it in India?

Investopedia defines it best as: "Backtesting allows a trader to simulate a trading strategy using historical data to generate results and analyze risk and profitability before risking any actual capital."

For us, the primary reason to backtest is to determine profitability and risk. How good was the strategy's return historically? And how much did we risk to make that return? A backtest answers these questions quite well.

Backtesting, if used correctly, is a powerful tool to help evaluate trading strategies. However, as with any tool, it has limitations. As a silent observer over the past few months, we've witnessed people pile into now crowded strategies after backtesting them (ehm the #920Straddle and its variations). Some people made money, others didn't, some lost a lot with the so called #freaktrades. Our purpose here is to explain the benefits and limitations of backtesting as we understand them, while also making backtesting accessible to everyone interested.

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Pricing

On AlgoTest, we give you free backtests every week.

  • Just for 100 credits, you can automate a strategy through your broker API in live for entire month.
  • Just for 50 credits, you can paper trade a strategy for entire month.
  • For 100 credits, you can get 100 backtests, with no expiry.
We have different plans for you to purchase credits:
    Thank you