Electronic trading major IG is once again seeking the feedback of the trading community regarding certain products and services. This time the broker asks for opinions on backtesting.
Backtesting will run a trading strategy against historic data for an instrument, and give traders a detailed report on how it would have executed trades. Traders can apply indicators & trading systems then create a new strategy or modify an existing one.
Backtesting is one of the most important aspects of developing a trading system. If created and interpreted properly, it can help traders optimize and improve their strategies, find any technical or theoretical flaws, as well as gain confidence in their strategy before applying it to the real world markets.
IG asks traders what features/tools and trading strategies they like and want to be able to use for backtesting. For instance, traders can share what they will be backtesting on their trading strategies (for example, scalping, day trading, swing trading, position trading, algorithmic trading or event-driven trading strategies).
The IG Community team also thanks everyone who has voted on the IG Charts Request Poll. If you still have not yet voted you still have time to vote, IG would appreciate it if you could take part in the poll as it is continuously working on adding more chart features to the IG trading platform to make the trading experience better.
The IG Charts Request Poll will be closing and ending on the 30th November 2021. The broker will be putting up another poll soon – it will be about IG Indicators.