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Recommended Free Backtesting Tools for Nifty Stocks

portfoliopilot

I'm looking to improve my trading strategy with some backtesting on Nifty stocks. Does anyone have recommendations for free backtesting tools or platforms that allow for detailed analysis? Ideally, I'm searching for something user-friendly and that doesn’t require extensive programming knowledge. Any advice on how to effectively utilize these tools for optimal results would also be greatly appreciated!

riskyranger

For free and user-friendly backtesting tools, consider using platforms like TradingView or NinjaTrader. TradingView offers a robust backtesting environment and has a community sharing scripts that can help you get started without deep programming knowledge. Make sure to test your strategies over different timeframes and market conditions to cover various scenarios effectively. It's crucial to keep your strategy adaptive and review backtesting results critically, as past performance isn't always indicative of future results.