TrendSpider - All-In-One Toolkit For Automated Technical Analysis

TrendSpider - A Easy-To-Use Software With Automation Trading Technology

TrendSpider is a Stock backtesting software worth its hype. It's the most convenient alternative for a beginner or intermediate trader. The program excels in terms of both UI and functionality.

TrendSpider customers can rely on nearly 20 years of historical data on the daily time frame and significant intraday data to add into the backtested techniques. As a result, the trader may verify that his models are more accurate and avoid strategies that would have performed poorly if trading on real-time data.

Significant Features Of TrendSpider

Real World Trading Experience

This free backtesting software may be used for both long and short strategies, and they can use realistic trade-by-rules to accurately simulate the real-world trading experience.

Chart-Based Reports

The stock backtesting software is chart-based (from 1-minute to monthly), so you can easily construct technical buy and sell rules even if you don't know how to code. For example, you can build custom strategies from the ground up by combining several indicators, price action trading signals, portfolio chart patterns, volume, and other factors.

Web-Based Platform

As the platform is web-based, you won't have to deal with any local installations. TrendSpider offers the advantage of integrating the backtesting tool completely into your charts. As a result, you will not need to learn anything new or pay any further fees to utilize the free backtesting software. 

Alternatives To TrendSpider

MetaStock is a broker-independent free backtesting software that combines advanced scanning, backtesting, and forecasting features. Traders also like TradeStation because it visualizes backtesting data in an easy-to-understand.