Once AI Strategy Builder generates a strategy, do I need to backtest it?

While the AI Strategy Builder creates algo trading strategies based on your input, it is important to backtest them before going live. uTrade Algos’ AI Strategy Builder makes this easy—once your strategy or portfolio is generated, you can backtest it against historical market data with just a click.

This helps you:

• See how the strategy would have performed in past market conditions
• Understand potential risks and returns
• Fine-tune your strategy before going live

Here’s how you can backtest your strategy:

Step 1: Go to the uTrade Algos web platform and log in to your account. Click on the ‘Create With AI’, located at the top menu, to get started. You can access the AI Strategy Builder from the ‘My Portfolio’ section as well.

Step 2: Describe your strategy goal in a prompt or select any of the pre-built prompts.

Step 3: The AI will generate the strategy tailored to your input, with key features highlighted.

Step 4: Click on the ‘Backtest’ button. Here, choose the historical date range against which you want to backtest your portfolio.

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‍Step 5: Click on ‘Backtest’ and you’ll receive detailed backtest results, such as backtested PnL, and other key metrics, helping you assess the potential performance of your strategy.

You can explore the uTrade AI Strategy Builder as part of the free trial on the uTrade Algos platform. Sign up now to experience the future of algo trading—powered by uTrade Intelligence and made for everyone.

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