Hello and welcome to the detailed pricing page for AlgoTest. You will find a breakdown of our pricing model here. If you wish to understand the basic pricing for AlgoTest then you can do so at our Basic Pricing for AlgoTest page.
Purchase AlgoTest credits here.
Contents
Frequently Asked Questions (FAQ’s)
AlgoTest Credits
At AlgoTest we provide credits to be used on our platform. Here is the pricing for purchasing credits.
Starter: Rs 399 for 400 Credits
Explorer: Rs 899 for 1000 Credits (10% Discount)
Pro: Rs 1999 for 2500 credits (20% Discount)
Premier: Rs 4999 for 7500 credits (33% Discount)
Your AlgoTest credits have no expiry.
You can purchase AlgoTest credits here!
How to use AlgoTest credits
Credits are then used to further purchase different products on AlgoTest.
Live Trading: 1 Strategy = 100 Credits per billing cycle (28 days). Learn more here.
Forward Testing: 1 Strategy = 50 Credits per billing cycle (28 days). Learn more here.
Backtesting: 100 Backtests = 100 Credits (No Expiry). Learn more here.
www.algotest.in/feature/signalsSignals: 999 Credits for 1 Month (28 Days) / 4999 Credits for 6 Months (168 Days)
Backtesting Extreme Weekly: Unlimited 7 Days = 799 Credits for 7 days (7 days from the purchase of your unlimited plan)
Backtesting Extreme Monthly: Unlimited 28 Days = 2499 Credits for 28 days (28 days from the purchase of your unlimited plan)
Live Trading
After purchasing credits and activating a Live Trading plan you need to go here in order to Live Trade.
Under the deployable strategies you will see all your strategies that are ready to be deployed. You can Click the Activate button and deploy it live. Remember, you can only activate one strategy on one slot. In case you wish to deploy more strategies, you need to purchase more slots.
Live Trading credits expire 28 Days from the purchase of your Live trading plan. If you add more strategies in the middle of your billing cycle, you will be charged on the basis of the number of days remaining in your billing cycle. For example, you will be charged 50 credits if you activate a new strategy for live deployment on the 14th day of your billing cycle.
| Day 1 100 | Day 2 96 | Day 3 93 | Day 4 89 | Day 5 86 | Day 6 82 | Day 7 79 |
|---|---|---|---|---|---|---|
| Day 8 75 | Day 9 71 | Day 10 68 | Day 11 64 | Day 12 61 | Day 13 57 | Day 14 54 |
| Day 15 50 | Day 16 46 | Day 17 43 | Day 18 39 | Day 19 36 | Day 20 32 | Day 21 29 |
| Day 22 25 | Day 23 21 | Day 24 18 | Day 25 14 | Day 26 11 | Day 27 7 | Day 28 4 |
Strategy Price (Day 1 of Billing Cycle) = 100 Credits
Strategy Price (Day 28 of Billing Cycle) = 4 Credits
This means that as your billing cycle progresses, it becomes cheaper to add a trade to your live trade or forward testing plan. This is what we mean by Pro-rata basis. You can deploy different strategies in your slot for different days of the week. You can also switch strategies in your slot after deploying them.
Only strategies whose status is running are considered towards your daily live execution plan limit. Under “Deployed Strategies” if the status of a strategy is anything other than “Running”, for eg. “Squared off”, “Manual” or “Error”, you can switch them by adding any other strategy from “Deployable Strategies”.
Forward Testing
Forward Testing credits expire 28 Days from the purchase of your Forward testing plan. If you add more strategies in the middle of your billing cycle, you will be charged on the basis of the number of days remaining in your billing cycle(Pro-Rata Basis). For example, you will be charged 25 credits if you activate a new strategy for forward testing on the 14th day of your billing cycle.
Once you have purchased Forward Testing credits you can go here to begin Forward Testing.
| Day 1 50 | Day 2 48 | Day 3 47 | Day 4 45 | Day 5 43 | Day 6 41 | Day 7 40 |
|---|---|---|---|---|---|---|
| Day 8 38 | Day 9 36 | Day 10 34 | Day 11 32 | Day 12 31 | Day 13 29 | Day 14 27 |
| Day 15 25 | Day 16 23 | Day 17 22 | Day 18 20 | Day 19 18 | Day 20 16 | Day 21 15 |
| Day 22 13 | Day 23 11 | Day 24 9 | Day 25 7 | Day 26 6 | Day 27 4 | Day 28 2 |
This means that on Day 28 of your billing cycle a Forward Test will cost 2 credits.
Forward Test Cost (Day 1 of Billing Cycle) = 50 Credits
Forward Test Cost (Day 28 of Billing Cycle) = 2 Credits
Backtesting
We have two kinds of plans : Limited and Unlimited. You can go here to begin Backtesting on AlgoTest.
Limited: No Expiry
Limited plans have no expiry date.
Unlimited Plans
Unlimited Weekly: 7 Days expiry from the time of purchase.
Cost : 599 Credits
Unlimited 28 Days: 28 Days from the purchase of this plan.
Cost : 1499 Credits
Unlimited plans have expiries based on the plan. If it is a daily plan then it will expire within 24 hours. If it is a weekly or a monthly plan, then it will expire in 7 days or 28 days respectively.
Backtesting Pricing
Free Backtests for ALL our traders
Supporting and empowering the Retail Trader has always been at the CORE of AlgoTest’s vision. We will continue to support them by providing them 25 free backtests per week. These back tests will be the same as your paid backtests and will have ALL the features of your paid backtests. Unused backtests will NOT accumulate over time.
Every customer of AlgoTest gets 25 free backtests per week. You can utilize these backtests after your paid backtests have been exhausted.
Cheapest Backtests out there!
Also, at Rs 1 per backtest, our pricing is still the cheapest plan out there. For a 5-year backtest, that’s 20 paisa per backtest per year!
On AlgoTest, you need 1 credit to backtest a strategy. There is no restriction on the number of years you backtest a strategy for. On the contrary, we encourage you to backtest all your strategies for at least 5 years to get a more accurate picture of how well your strategy has performed in different market scenarios.
So if you take our “Starter” plan for Rs 300, one backtest is going to cost you Rs. 1 or 20 paisa per backtest year.
So if you have 6 different strategies in a portfolio that you would like to backtest for a period of 5 years, it will consume 6 credits.
Signals
We have two kinds of plans for our product Signals. Each plan of Signals offers UNLIMITED LIVE TRADES AND FORWARD TESTS! You can get a Signals plan here.
999 Credits for 28 Days
For 999 credits you will be able to use Signals for 28 Days and you will also receive UNLIMITED Live Trades and Forward Tests INCLUDED WITH THE PLAN!
4999 Credits for 168 Days (6 Months)
For 4999 credits you will be able to use Signals for 168 Days (6 Months) and you will also receive UNLIMITED Live Trades and Forward Tests INCLUDED WITH THE PLAN!
Discretionary Plans
1 Month Plan
– What You Get: Simulator & Strategy Builder
– Number of Credits: 399 Credits
– Duration: 28 days
6 Months Plan
– What You Get: Simulator & Strategy Builder
– Number of Credits: 1999 Credits
– Duration: 180 days
12 Months Plan
– What You Get: Simulator & Strategy Builder
– Number of Credits: 2999 Credits
– Duration: 360 days
Our Pricing Process
At AlgoTest we sell slots that you can then use to run your strategies for Live Trading and Forward Testing. Think of it like renting a room in a hotel.
We give out a room for rent for 28 days. You can have different residents living in that same room during the 28 day period. But only one resident at a time.
Similarly, if you buy a slot from us, you can either run one strategy on that slot for a period of 28 days. Or you can run 28 different strategies on 28 different days (provided you square off the running strategy each day).
For instance, you can create an Execution Plan for yourself anticipating your requirements for a billing cycle (28 days). For example, say you need to Forward Test 2 strategies daily and 5 max daily live deployments for your billing cycle. In order to make a plan for yourself go to My Profile, under Execution Plan click on “Add a plan”. Here you can input your requirement and see that you need 600 credits to activate this plan:
Forward Testing = 2 X 50 credits = 100 Credits
Live Deployment = 5 X 100 Credits = 500 Credits
Once you have purchased the 600 credits from our credit packages you will be able to activate this plan for your billing cycle. You can always add more forward tests and live deployments at any time during your billing cycle which shall be added on a pro-rata basis.
Similarly, for backtesting go to My Profile, under Backtest Plan click on “Add more Backtests”. Here you have two options:
- Limited Plan: Add the number of backtests you want to purchase. 100 backtests require 100 credits.
- Unlimited Plan: Select the Unlimited plan option and you will see two options, 7 Days or 28 Days. The Unlimited Weekly plan is for 799 credits while the 28 Days plan is for 2499 credits.
You can purchase AlgoTest credits here!
Frequently Asked Questions
What is the expiry date for my Backtest, Live execution and Forward test plans?
Where can I purchase credits from?
How long are my credits valid for?
Is Backtesting not free anymore?
What is considered a “strategy” on AlgoTest?
How many credits do I need to backtest one strategy for 5 years?
How many credits are consumed to backtest a portfolio of strategies?
I have bought a backtesting plan, do I still get free backtests per week?
How can I deploy a strategy in live market on AlgoTest?
How many credits do I need to deploy 1 strategy?
Can I upgrade my live execution plan?
What should be my live execution plan if I deploy different number of strategies on different days?
Can I deploy different strategies for different days with the same live execution plan?
Can I switch strategies after deploying them?
How long is my billing cycle?
Your billing cycle is 28 days
What is the expiry date for my Backtest, Live execution and Forward test plans?
The billing cycle of the Forward testing and Live trading is the same, while that of Backtesting is different.
Backtest: We have two kinds of Backtest plans
- Limited: No Expiry
- Unlimited Daily: 24 Hrs Expiry from the time of purchase
- Unlimited 28 Days: 28 Days from the purchase of this plan
Forward Testing: 28 Days from the purchase of your Live trading or Forward testing plan. If you add more strategies in the middle of your billing cycle, you will be charged on the basis of the number of days remaining in your billing cycle. For example, you will be charged 25 credits if you activate a new strategy for forward testing on the 14th day of your billing cycle.
Live Trading: 28 Days from the purchase of your Live trading or Forward testing plan. If you add more strategies in the middle of your billing cycle, you will be charged on the basis of the number of days remaining in your billing cycle. For example, you will be charged 50 credits if you activate a new strategy for live deployment on the 14th day of your billing cycle.
How do we price our plans?
You can create an Execution Plan for yourself anticipating your requirements for a billing cycle (28 days). For example, say you need to Forward Test 2 strategies daily and 5 max daily live deployments for your billing cycle. In order to make a plan for yourself go to My Profile, under Execution Plan click on “Add a plan”. Here you can input your requirement and see that you need 600 credits to activate this plan:
Forward Testing = 2 X 50 credits = 100 Credits
Live Deployment = 5 X 100 Credits = 500 Credits
Once you have purchased the 600 credits from our credit packages you will be able to activate this plan for your billing cycle. You can always add more forward tests and live deployments at any time during your billing cycle which shall be added on a pro-rata basis. You CANNOT downgrade your plan during a billing cycle. Although you can do so after your billing cycle ends.
Similarly, for backtesting go to My Profile, under Backtest Plan click on “Add more Backtests”. Here you have two options:
- Limited Plan: Add the number of backtests you want to purchase. 100 backtests require 100 credits.
- Unlimited Plan: Select the Unlimited plan option and you will see two options, 24 hours or 28 Days. 24 Hours plan is for 199 credits while the 28 Days plan is for 4000 credits
Once you have purchased the necessary credits from our credit packages you will be able to activate your Backtests. You can always add more Backtests at any time as they have no exipry. You CANNOT downgrade your plan.
Where can I purchase credits from?
You can purchase credits from https://algotest.in/billing
How long are my credits valid for?
Your AlgoTest credits have no expiry.
Backtesting Pricing
Is Backtesting not free anymore?
Supporting and empowering the Retail Trader has always been at the CORE of AlgoTest’s vision. We will continue to support them by providing them 25 free backtests per week. These backtests will be the same as your paid backtests and will have ALL the features of your paid backtests. Unused backtests will NOT accumulate over time.
Also, at Rs 1 per backtest, our pricing is still the cheapest plan out there. For a 5-year backtest, that’s 20 paisa per backtest per year!
What is considered a “strategy” on AlgoTest?
A “Strategy” on AlgoTest is defined by Entry Time. One Entry time is one strategy. You can have up to 10 legs in one strategy.
How many credits do I need to backtest one strategy for 5 years?
On AlgoTest, you need 1 credit to backtest a strategy. There is not restriction on the number of years you backtest a strategy for. On the contrary, we encourage you to backtest all your strategies for atleast 5 years to get a more accurate picture of how well your strategy has performed in different market scenarios.
So if you take our “Starter” plan for Rs 300, one backtest is going to cost you Re 1 or 20 paisa per backtest year.
How many credits are consumed to backtest a portfolio of strategies?
Say you have 6 different strategies in a portfolio that you would like to backtest for a period of 5 years. Backtesting this portfolio of strategies will consume 6 credits.
I have bought a backtesting plan, do I still get free backtests per week?
Yes! Every customer of AlgoTest gets 25 free backtests per week. You can utilize these backtests after your paid backtests have been exhausted.
Live Execution Pricing
How can I deploy a strategy in live market on AlgoTest?
After purchase credits and activating a plan you need to go to https://algotest.in/live.
Under the deployable strategies you will see all your strategies that are ready to be deployed. You can Click the Activate button and deploy it live.
How many credits do I need to deploy 1 strategy?
To deploy 1 strategy you need to purchase 100 Credits for one billing cycle.
Can I upgrade my live execution plan?
You can upgrade your plan and add more live strategies at any point during your billing cycle. Credits will be deducted on a pro-rata basis. A plan cannot be downgraded.
What should be my live execution plan if I deploy different number of strategies on different days?
Say you deploy 3 Strategies on Monday, 2 on Tuesday, 5 on Wednesday, 6 on Thursday and 3 on Friday. In this case you will need 600 credits to activate all your strategies since your live execution plan needs a maximum of 6 strategies to run for the entire week.
Can I deploy different strategies for different days with the same live execution plan?
Yes, you can deploy different strategies for different days of the week.
Can I switch strategies after deploying them?
Yes, you can switch strategies after deploying them. Only strategies whose status is running are considered towards your daily live execution plan limit. Under “Deployed Strategies” if the status of a strategy is anything other than “Running”, for eg. “Squared off”, “Manual” or “Error”, you can switch them by adding any another strategy from “Deployable Strategies”.
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