TradeIdeas is primarily a real-time market scanning and alerting software that helps traders identify potential trading opportunities in the markets. While it does not have a built-in backtesting feature, it does provide access to historical data and allows users to create custom trading strategies using its “Holly AI” feature.
Holly AI feature
The Holly AI feature is a customizable artificial intelligence system that allows users to build, test, and execute trading strategies using historical data. Users can create rules-based strategies or use machine learning algorithms to analyze market data and make trading decisions.
The Holly AI feature also provides access to a community of users who share their strategies and trading ideas. This community can be a valuable resource for traders looking to improve their trading performance and gain insights into market trends.
While TradeIdeas does not have a traditional backtesting feature, its Holly AI feature provides traders with a powerful tool for creating, testing, and executing trading strategies using historical data. It also provides access to a community of traders and developers who share their strategies and ideas, making it a valuable resource for traders looking to improve their trading performance.