How to backtest a strategy on Nifty Paper Trade
Step-by-step — pick a strategy, set the period, run the backtest and read the results on Nifty Paper Trade.
Backtesting on Nifty Paper Trade lets you run a strategy over historical data in a few steps.
Steps
- Open the Backtest tool.
- Choose the strategy — a prebuilt one or one you made in the Strategy Builder.
- Set the parameters — instrument, date range, and any strategy settings (strikes, stops).
- Run the backtest.
- Review the results — net P&L, win rate, drawdown and the trade-by-trade log. See reading backtest results.
Then what?
Refine the inputs, re-run, and compare. Once a version looks robust across periods, forward-test it with paper trading on live markets before committing real money.
FAQ
What data does the backtest use?
Historical market data for the instrument and period you select.
Can I backtest my own multi-leg strategy?
Yes — build it in the Strategy Builder, then backtest it.
How far back can I test?
Depends on available history for the instrument; pick a range long enough to cover different market conditions.