Closed FreeSpirit11 closed 1 month ago
Hi, I have raised this issue. Please assign this to me.
@FreeSpirit11 1st of all what exactly you want to do
@Ayushpanditmoto I want to add a backtesting framework using the Backtrader library to evaluate trading strategies based on historical data.
Description: As part of enhancing the functionality and usability of the Binary Trading AI Bot, I propose the implementation of a backtesting framework. This feature will allow users to evaluate the performance of trading strategies using historical data, providing valuable insights into strategy effectiveness, risk management, and profitability.
Key Benefits:
Performance Evaluation: Users can assess the effectiveness of trading strategies under various market conditions, enabling them to identify profitable approaches and refine their strategies accordingly.
Risk Management: Backtesting helps users understand potential risks associated with their strategies, such as maximum drawdowns and worst-case scenarios, allowing them to implement effective risk management techniques.
Strategy Optimization: Through iterative testing and parameter optimization, users can fine-tune their trading strategies to maximize profitability and minimize risk.
Educational Tool: The backtesting framework serves as an educational tool, allowing users to learn about trading concepts, strategy development, and market dynamics while gaining practical experience in algorithmic trading.
Implementation Plan: