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How to Backtest a Trading Strategy on NexusTrade (Beginner Guide)

Course walkthrough

Algorithmic Trading Fundamentals

Lesson 15 of 15

All lessons in this series

  1. 1What is Algorithmic Trading? A Beginner's Guide to Automated Strategies
  2. 2What is a Trading Indicator? The Building Blocks of Algorithmic Trading
  3. 3Technical Analysis Indicators Explained: Mean Reversion vs Momentum
  4. 4What Are Fundamental Indicators? Understanding a Company's Financial Health
  5. 5Alternative Data Sources for Trading: Satellite Imagery, Sentiment Analysis & More
  6. 6From Indicators to Conditions: Building Your Trading Rules
  7. 7What is a Trading Condition? Turning Indicators into True/False Logic
  8. 8What Are Trading Actions? The Final Building Block of Algo Trading
  9. 9What is a Trading Strategy? Indicators + Conditions + Actions
  10. 10How to Know if Your Trading Strategy is Actually Good?
  11. 11What is Backtesting? How to Test Your Trading Strategy
  12. 12What is Trading Strategy Optimization? (And How to Avoid Overfitting)
  13. 13Recap: From Building Blocks to Deployment
  14. 14How to Deploy a Trading Strategy: Paper Trading to Live Trading
  15. 15How to Backtest a Trading Strategy on NexusTrade (Beginner Guide)

Learn how to backtest a Buy and Hold SPY strategy using NexusTrade's AI-powered trading platform. This quick tutorial covers the most common mistakes beginners make when completing their first backtest — and how to fix them.

NexusTrade lets you build, backtest, and deploy algorithmic trading strategies using plain English. No coding required.

In this video, I walk through how to use the AI chat to create a backtest, why your tutorial might not be completing, and the most common mistakes when following backtest instructions.

#algorithmictrading #backtest #tradingstrategy #aitrading #papertrading #algotrading #nexustrade

Transcript

0:03Hey Matt, so I wanted to send this video to walk through what the tutorial should look like and let me know if you're experiencing anything differently. Also, I really appreciate the feedback you've given me so far. So, I'm going to click

0:16this tutorial and the AI should walk you through what she wants. So, in this case, this tutorial, I'm creating a condition. And you did the courses, you know that a

0:29condition is something that compares to indicators. So, in this case, I want to create a spy RSI condition. One cheat code I usually do, which should work, but sometimes start it

0:42bugs. It's just I copy paste what it wants and then after a minute or so it should Yeah, have this little UI with the little emoji confetti and it says

0:56you achieved it. Now, if if I were to do another tutorial, let's say let's do a real quick another example. I can go for

1:08let's see, run your first backtest. I can start this tutorial. Let's say I didn't do it correctly. Then it says create a buy and hold strategy.

1:21Let's say I wanted to say create an a 30-day spy SMA indicator. If I didn't do what it wanted, then it

1:35won't complete the tutorial and it's going to make me keep going and going. There are some hints. So, the hint says run backtest to saying running backtest. Although, this hint is actually not super helpful. What this hint should say

1:50first create portfolios. So, first I'm going to say create a buy and hold spy portfolio first.

2:00And then after that I'm going to say uh run run back to this. And I think that was the challenge. Yeah.

2:13Run back to this. And then it now says it's done because I completed the tutorial. So, I hope this makes sense. Let me know if you have any additional questions or

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