Hello everyone! I am faced with the task of finding a replacement for TradeStation — I need a platform for backtesting and analyzing strategies, preferably with a simple interface and powerful functionality. I found an article on Forex Tester, which lists alternatives, but there is a lot of information, and I am a little confused. Can anyone tell me where to start, what to pay attention to? I am really looking forward to advice from experienced colleagues!
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When it comes to choosing a platform for analyzing and testing trading strategies, it is important to consider many factors — from the interface to the accuracy of the data and the tools supported. Some platforms offer deep analytics, others — ease of use. Before choosing, it is worth testing several options to find the one that suits your goals best. This will help avoid unnecessary waste of time and resources.
TradeStation has long been the choice of many traders due to its advanced analytical tools, but it is not always convenient for everyone. Especially if you need quick setup and a focus on testing strategies, and not just real-time trading. Among the alternatives, it is worth considering https://forextester.com/blog/tradestation-alternatives — this platform is described in an article on the Forex Tester blog. It is suitable for both beginners and experienced traders, supports working with historical data, offers a simple interface and the ability to fine-tune trading conditions. NinjaTrader and TradingView are also worth considering — each of these tools has its advantages. It all depends on your goals: analysis, trading or testing.