How to set up a Backtest
This tutorial shows you how to set up a Backtest and explains the settings you need to fill in.
Prerequisites
Before you begin, check the following:
• You have a Cryptohopper account
• You have an Explorer, Adventurer, or Hero subscription from Cryptohopper
Set up a Backtest
- Log in to your Cryptohopper account.
- Go to the bot you want to use for a Backtest.
- Click “Backtesting”.
- Fill in the required fields.
- Click “Start Backtest”.
Settings Backtest
Currency
Select the currency you want to Backtest.
Strategy
Select the Strategy you want to Backtest.
Sell based on Strategy
Switch the toggle if you want to sell a position based on the Strategy.
Take profit
Fill in the percentage profit you want to make on a position before selling. When a currency goes above this percentage, your bot will place a sell order.
Stop-Loss
Switch the toggle so your bot will use a Stop-Loss.
Stop-Los percentage
Fill in the percentage your position needs to go down before your Stop-Loss is fired. Enter a positive number. For example, if you want to sell your currency when the price drops 2,5% fill in 2,5%.
Trailing Stop-Loss
Switch the toggle so your bot will use Trailing Stop-Loss. Trailing Stop-Loss percentage. Fill in the percentage you want the coin to drop. When this percentage is met your bot will try to sell the coin.
Arm Trailing Stop-Loss
Fill in the percentage of profit your coin needs to reach before selling. You want to cover the fees you’re paying for the trade. For example, you fill in 1%. Your Trailing Stop-Loss will be armed when the position hits 1% profit. The bot will sell the coin when it drops the Trailing Stop-Loss percentage.
Use Trailing Stop-Loss only
Switch the toggle so your bot will only use Trailing Stop-Loss to sell a position. When enabled, this setting will disable the Take Profit and only use the Trailing Stop-Loss to sell a position.
Trailing Stop-Buy
Switch the toggle to enable Trailing Stop-Buy.
Trailing Stop-Buy percentage
Fill in the percentage that the price should rise before your Trailing Stop-Buy is triggered.
Select period
Switch the toggle if you want to select the period you want to Backtest. If you switch the toggle fill in the Date range.
Extra information
Important: keep in mind that the Backtester checks your indicator values every 5 minutes. The whole checking cycle of your Strategy in a real-funds bot can therefore provide different results. When using small candle sizes, the Strategy can skip some candles. Below, you find the interval break of the different subscriptions.
- Pioneer: only manual trading. So Backtester is not available.
- Explorer: 15 to 20 minutes.
- Adventurer: 6 to 12 minutes.
- Hero: 2 to 6 minutes.
- Paper trading bot: 10 minutes.